What matters more your credit score or the contents of your credit report?

If I have a good credit score but still have unpaid collection accounts on my credit report will lenders expect me to pay those before they would give me a mortgage? Or if my credit score is high does that mean they won't really care about much else?|||In the end it would be up to the lender as to if they would make you pay it. A lot would depend on the amount as well as the type of debt. If it was for something like a medical bill they may not, but if it is for a credit card debt they may require you to pay it off. Their biggest fear from them is if you get sued would you then have to default on the mortgage, basically making you a higher risk.





However, your credit score is based on your credit report. So if you have negative items on your report that will be reflected in your score. How much depends on several factors. But it would be out of the ordinary to have a high credit score(depending on what you consider high) if you have collection accounts.|||Icame across a free online webinar on this... umm it's at..





www.ficsitnow.com FICS - First Integrated Credit Solution

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|||FHA loans are content driven, and Fannie Mae and Freddie Mac loans are credit score driven. In fact you are allowed up to $5000.00 in collections on Fannie or Freddie as long as your credit score is there(%26gt;620)|||the contents of your credit report. The banks want to know how well you pay your bills.Your credit score just tells them if they are taking high risk in approving you for a loan or not.|||Well -- look at this way. The Credit report has the discrete items that paint a picture of your history. And if there were a beauty pageant held to determine who had the prettiest credit report, your credit score would be a reflection of that. So basically your credit score is dependent on your report -- most lenders use the credit score because it saves them the trouble of having to do all the costly research into your history. Then again it also depends on how much money they risk losing...