Thursday, September 25, 2008

Beacon Scores Explained ... part 6

Today's post in our continuing series on the components that make up your Equifax Beacon Score is on "Credit Inquiries"

Score Weighting: 10%

Notes: Numerous credit applications in the past 12 months is a no-no. This is a big benefit of using the services of a mortgage broker, who pull your credit only once but can use it for multiple lenders.

Check back for our next posting in this continuing series - look forward to seeing you again soon.

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