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  2. 3 Lesser-Known Pitfalls of Having a Credit Score Under 600 - AOL

    www.aol.com/3-lesser-known-pitfalls-having...

    1. You might struggle to get a mortgage. It takes a minimum credit score of 620 to get a conventional mortgage. This doesn't mean you won't be able to get a mortgage with a score of under 600 at ...

  3. 10 Things You Can’t Buy If Your Credit Score Is Under 600 ...

    www.aol.com/finance/10-things-t-buy-credit...

    Having a credit score under 600 can severely limit your purchasing power and financial flexibility. A score in this "fair" credit range is often seen as high-risk by lenders, meaning you'll face ...

  4. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    Credit score range. Rating. Below 580. Poor. 580-669. Fair. 670-739. Good. 740-799. Very good. 800 or above. Excellent. Types of bad credit home loans. Loan type. Credit score minimum ...

  5. Best mortgage lenders for bad credit in 2024 - AOL

    www.aol.com/finance/best-mortgage-lenders-bad...

    Lender. Credit requirements. Down payment minimum. Bankrate Score. Old National Bank. 620 for conventional loans, 640 for FHA loans, 680 for VA loans. Undisclosed

  6. Subprime lending - Wikipedia

    en.wikipedia.org/wiki/Subprime_lending

    These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk. [3] During the early to mid-2000s, many subprime loans were packaged into mortgage-backed securities (MBS) and ultimately defaulted, contributing to the financial crisis of 2007–2008. [4]

  7. Are credit scores the ultimate scam? - AOL

    www.aol.com/credit-scores-ultimate-scam...

    Research conducted by specialist bank The Mortgage Lender suggested that Brits have a limited understanding of credit scores: nearly two-thirds (62 per cent) of the 2,000 UK adults surveyed said ...

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