What Really Goes Into A Credit Profile

Ever wondered why when you applied for a mortgage or personal loan you were declined without a specific reason? It was most likely your credit score was was not high enough for that particular lender. I get asked about this almost every week by customers. By far the biggest negative influence that makes up your credit score is making multiple credit applications with credit providers (51%), in other words, trying to shop around yourself. Using an Experienced Mortgage Broker could not only save you on your loan, but also save you harming your credit score! Protect your score today, Contact me to discuss your Home or Personal Loan options. Data and Image credit to @Equifax formally Veda.