tag:blogger.com,1999:blog-4627702534664107933.post7071640357689180169..comments2023-10-02T05:36:20.832-05:00Comments on Common tricks....: This before thatNataliehttp://www.blogger.com/profile/10508555292235741118noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4627702534664107933.post-60447142047482066932009-04-08T12:15:00.000-05:002009-04-08T12:15:00.000-05:00(does one have good credit when one has never borr...<I>(does one have good credit when one has never borrowed money?)</I><BR/><BR/>No, as we discovered to our disappointment when buying our first home, one does not. Good credit scores, if I understand right, are based solely on the repayment of past loans. So if you haven't had a loan, you're an unknown, which means you have no credit. You don't have bad credit, so it could be worse, but it still was a problem when we tried to buy a home- we had to find a local bank where some family banked, and they agreed to take on our mortgage.<BR/><BR/>Hope everything goes really smoothly if/when you move!nataliehttps://www.blogger.com/profile/10821740286799375290noreply@blogger.com