It seems all banks and all types of loans today require a credit score to get a mortgage. I know of only one bank that still allows what is called "an alternative credit history", it seems 99% of all banks now mandate the need for a credit score. But there are a few people, very few, who don't use credit, have not gotten a credit card, and pay cash or write checks for everything. I find these people to be younger, or much older. The younger people still have not considered building a credit history, and some much older people just never used credit or were never comfortable with it. Read the rest of this entry »
