Credit standards have tightened to the point that you now have to have, at the very minimum, a 680 credit score to obtain financing for a mortgage or home equity loan . If you don’t have that kind of score or better, then you’re going … firm Lieff Cabraser Heimann & Bernstein LLP, which represented the plaintiffs in the litigation, called the new procedures a “paradigm shift in credit reporting industry” that will immediately benefit millions of homeowners and borrowers. …
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Tighter Credit Reporting Required for the Three Major Credit …