Showing posts with label credit score. Show all posts
Showing posts with label credit score. Show all posts

Sunday, July 28, 2013

Credit Score Calculation for New Home Purchases

How credit score is important
Sure, you have heard about how important your credit score is for buying a new home in Atlanta, but have you ever wondered what goes into your credit score? According to the Equifax Finance blog article, “How Your Credit Score is Calculated,” there are five factors:

  1. The number of accounts you have.
  2. The types of accounts.
  3. Your available credit.
  4. The length of your credit history.
  5. Your payment history.