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Wednesday, September 8, 2010 | 10:04 PM
Real Estate
Photo Received from Renee Gerke/CopaNews.com
Your credit score through your lender's eyes -- Part 3
In parts 1 and 2 of this series, we covered what the credit score is, how to obtain a copy, and how to dispute inaccuracies on the report. Now it’s time to discuss common credit challenges.
Dealing with Credit Challenges
Unfortunately, a person with a bad credit score is often in this position because he or she doesn’t understand the credit scoring model and misses on-time payments or carries a large balance on revolving credit.
Of course, there are exceptions where unforeseen circumstances come into play, such as health complications, or loss of employment.
There are a few things that
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