Your credit payment history is recorded in a file or report. These files or reports are maintained and sold by "consumer reporting agencies" (CRAs). One type of CRA is commonly known as a credit bureau. You have a credit record on file at a credit bureau if you have ever applied for a credit or charge account, a personal loan, insurance, or a job. Your credit record contains information about your income, debts, and credit payment history. It also indicates whether you have been sued, arrested, or have filed for bankruptcy.
We love helping people with their home purchase and refinance needs. We look forward to answering all of your mortgage questions. Call us today at 207-899-5354, we are here for you.
Company NMLS: 926200
Blue Stripe Mortgage