I would like to buy a house but my credit score is lower than 620 is there anyone who would give me a loan
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lucyswdvmh
2 years ago
Expert Financial Adviser Answer
Darren Smith
answered 1 year ago
firstly there is no such thing as a score of 620.
all lenders use their own scoring methods and systems and they are generally not transferrable. this means that lender A, B and C could all decline you but lender D accepts on the same terms as you applied to A, B and C.
the notion of actual scores that you can pay, often £5.99 or similar, for is a wheeze. Its an interpretation of your credit file. dont be fooled into paying to know your score again, its money down the drain.
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all lenders use their own scoring methods and systems and they are generally not transferrable. this means that lender A, B and C could all decline you but lender D accepts on the same terms as you applied to A, B and C.
the notion of actual scores that you can pay, often £5.99 or similar, for is a wheeze. Its an interpretation of your credit file. dont be fooled into paying to know your score again, its money down the drain.