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Kelly Wilson

I am a feelancer | Posted | Share-Market-Finance

Why Buying a House Hurts Your Credit Score

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I am a feelancer | Posted

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Financial gurus encourage consumers to keep their credit score in good shape. This will increases your chance of mortgage approval.

But here’s the kicker:

Fewer financial experts will discuss how your mortgage can drag your credit score.

To clearly explain it, let’s go to the basics of a credit score model. Here are the five main factors that make up the credit score:

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