Aside from better interest rates, consumers with an excellent credit score also have a better chance of getting approved for loans or credit cards in the first place. (lendedu.com)
First of all, you'll have a much better chance of getting approved for the loan. (homebuyinginstitute.com)
With this insight on the importance of debt - to - income ratios, homebuyers can make an adjustment to increase chances of getting approved. (rebuildcreditscores.com)