does renting or leasing a home affect a credit score in any way?

posted by askmrcredit on (7 years ago)

The presence of a real estate loan that has always been paid on time shows lenders that you have established a strong credit base, and reflects positively on your credit responsibility. The lack of a real estate loan on your credit report does not decrease your score; however, it generally means that your credit score is not as high as it could be.

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