Boat Loan Specifics
How many points is a drop in credit score by buying a house, late payment and credit score information?
dings any other point – specific numbers that a decrease in credit score? I bought a house three months ago with an A + credit score and last week tried to take a loan for a small Boat and they will not touch me because my credit score fell nearly 100 points. How many points are removed, more specifically? I am leary to check my credit score again, because I know my score will be affected ….
There is no scoring matrix adjustments available. All we can do is guess how much we impact the score. The result is directly related to the age of accounts, etc., ratios of debt with a new mortgage you have a large debt that has no payment history until the moment. Scoring models seem to see this as a negative period. For over a 6-12 month rebound since you are keeping on time payments. Here is some information additional. Hope this helps.
