Your Credit

Your ability to use credit responsibly and repay creditors on time has a lot to do with how much access to credit you will have in the future.  Building a solid credit history gives you more buying power when you need it, and that can be especially valuable when you are buying a home.

Before lending you money, creditors — including mortgage lenders — use your credit report to find out how you’ve used credit in the past.  To understand how a lender may judge your credit history, you need to be familiar with your credit report and the score associated with it.

Whatever financial challenges you have faced, improving your credit standing will help you move past them.  Whether you need to rebuild a damaged credit history or simply continue strengthening your rating, there are some simple things you can do to get closer to your goal.