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Credit Center
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Courtesy of
Home Lending Solutions
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10 Credit Do's and Don'ts during the loan process
- Don't apply for new credit of any kind
- Don't pay off collections or charge offs
- Don't close credit card accounts
- Don't max out or over charge on your credit card accounts
- Don't consolidate your debt onto 1 or 2 credit cards
- Don't do anything that will cause a red flag to be raised by the scoring
system
- Do join a credit watch program
- Do stay current on existing accounts
- Do continue to use your credit as normal
- Do call you broker
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