Post by tonymcfallen on Sept 3, 2020 18:55:47 GMT -5
Payment history on your debts makes up the largest portion (35 percent) of your credit score, which financial institutions use to determine the amount, rate and terms for loaning you money. Equity is the portion of the house that the owner has already paid off, or the difference between the home’s value and the owner’s total debt to the mortgage lender.