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Over 25% of us have nasty credit scores, but they’re fixable

USA Today – Your Money – Sandra Block

Whether you’re applying for a job or looking for love, rejection is painful, particularly when you aren’t given a reason for the rebuff. “It’s not you, it’s me” doesn’t count.But soon, when a lender rejects your request for a loan, it will be required to tell you why. The financial reform bill President Obama is expected to sign this week requires lenders to give customers who have been turned down for a loan a copy of the credit score used to make that decision. Lenders will also be required to give you a free credit score if you’re offered a loan with a higher interest rate than the rate offered to borrowers with excellent credit.  http://tinyurl.com/3xspdmv

About Vickie Hall

Vickie Hall is an experienced Realtor and real estate investor based in Centennial Colorado. She's firmly committed to community service, and is the creator and administrator of 365 Things to Do around the Centennial & Denver area. and @CentennialBuzz. For more real estate information, read articles on her blog. Vickie is a RE/MAX agent and can be reached at Vickie@DreamsCanHappen.com

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