Not exact matches
In light
of this, whenever you are shopping or
opening a new
line of credit, always ask questions to ensure companies are not double checking your
credit, adding an
additional hard inquiry, and, as a result, harming your
credit even more.
Because he paid it off in full every month for twelve months, by the end
of the year he found himself with a higher
credit score and higher
credit limit without having to
open any other
credit cards or
lines of credit or provide any
additional deposits.
Your mortgage banker likely told you to avoid making large purchases on
credit or
opening up new
lines of credit prior to closing, but first - time homebuyers should also be careful with taking on
additional debt after closing.