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Morris Digital Works Wire Service
A good credit history is important when looking for a good mortgage rate. If you don't know your credit history it is important to check it before you start house hunting.
An easy way to get a copy of your credit history is to contact a credit reporting company. The three major companies are Equifax (1-800-685-1111), Experian (1-800-397-3742) and Trans Union (1-800-916-8800). Reports cost about $8 from each company.
When you get your report, check it to make sure it coincides with your own records. If there is a discrepancy, send letters to the credit reporting company you received the report from. They are required by law to check the report and make sure it is accurate, this usually takes four weeks.
Even if your credit history is tarnished with delinquent payments, it is good to have a copy of your report. If your credit problems are old, then you can show you've made your payments on time recently. If you're credit problems are more recent you will need to explain them to lenders in writing. They are usually lenient for reasons such as divorce, unemployment and illness.
Debt repayments will disappear from your credit report after seven years.
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, familial status, national origin, or intention to make any such preference, limitation or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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