No-Document Loans: When A Bank Trusts You More Than Your Mother Does
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Credit scores are the linchpin of no-document loans. In the absence of concrete financial documentation, lenders rely heavily on the borrower’s credit score to gauge financial responsibility. A stellar credit score score can open the door to more favorable loan terms and rates of interest. Conversely, a poor credit rating not only limits the forms of loans obtainable but in addition jacks up the value of borrow