Length at Redidence

Discussion in 'Credit Talk' started by Eboni, Nov 16, 2000.

  1. Eboni

    Eboni Guest

    I will have lived in my current Apt 3 years in April. I want to move then. My credit is not good enough yet for me to buy a home. How will moving to another Apt and living there for a year affect my credit rating? I know you get more points for length at address.
     
  2. Eboni

    Eboni Guest

    That's Residence

    :)
     
  3. roni

    roni Well-Known Member

    eboni, unless you lived at your residence for 5+ years or longer, you dont get any points from the lender in this category for stability. Move. It really wont matter.
     
  4. GEORGE

    GEORGE Well-Known Member

    Sometimes it says current address_____years
    then previous address_____years

    LONG PREVIOUS ADDRESS HELPS SOME.
     

Share This Page