It’s easy to get the wrong idea about credit if you listen to certain financial experts.

It’s easy to get the wrong idea about credit if you listen to certain financial experts.

Fortunately, it is nevertheless feasible, though certainly not easy, for somebody without credit to secure a home loan and purchase a residence. Here’s what you ought to understand.

So what does no credit mean?

In realm of student education loans, automotive loans and charge cards, it is difficult to imagine lacking any financial obligation. But it is feasible to reside without any credit, particularly if you’re young and now have avoided loans your entire life.

If you’re debt-free and make use of debit cards as opposed to charge cards, it may possibly be feasible to not have any credit history that is recent. (daha&helliip;)

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