Friday, September 10, 2010

What Does “Clean Credit” Mean??

October 14, 2008 by Eleanor  
Filed under About Scores and Credit, Loan Programs

“Clean Credit” is a slang term used OFTEN in mortgage lending. It refers most often to someone who has 12 months with no lates.  But it’s not just late payments, it also refers to 12 months with no collections filed.  12 months with no judgements of liens.  12 months with no one writing anything to [...]