I have heard that paying your mortgage on time greatly improves credit scores – how much does it imp

Credit and mortgage advice Forums Consumer Credit Improve Credit I have heard that paying your mortgage on time greatly improves credit scores – how much does it imp

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      Anonymous
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      I heard from a mortgage loan processor that people need mortgages to help improve their credit. It’s one of the main payments creditors look at and greatly helps people’s credit scores when mortgages are paid on time.

      I’m wondering… how much does paying your mortgage on time really help your credit? How much more does it help than just paying your credit cards on time?

      Just curious. :o) Thanks!



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