New borrowers can easily be misled by lenders when it comes to using credits scores for approval. In this episode, we are going to be talking about how lenders, FICO, and the entire funding game players use credit scores to distract rookie borrowers from what is being measured. Merrill Chandler talks about credit profile versus score and the true indicators of fundability. He also discusses an ideal borrower’s profile, one that lenders can easily approve, and shares some critical client examples showing complications on personal credit profile, credit line approval, and authorizing someone with horrible credit.
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