How many buyers have you met who walk in your door with a rotten credit rating and confidently promise to fix things up before they apply for a mortgage? That’s never a good sign, even in times like these when first-time buyers can plan on hunting four months or more to find a property they can afford and would buy. The last-minute credit crushers who believe they can make up for years of neglect and irresponsibility with a few tips from an article headlined “5 sure-fire ways to fix your credit” are in for a rude awakening. Welcome to the age of trended credit. Today’s algorithms measure credit over the years, not weeks. Three to six months of angelic behavior doesn’t erase the past. The average credit procrastinator will have to pay the penalty for past sins. That said, it’s still a good idea to get credit scores up, and it’s an even better idea to keep them there. Here are six sure-fire tips you can give your next credit-challenged client. 1. Stay below…
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