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Should you close all credit cards since that FICO score is not needed to buy a house? |
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NOT TRUE!
I am a mortgage broker. You need a FICO score to buy a home. If you have no credit, keep open at least one credit card so you can build some tradelines.
First answer by Kalia3333. Last edit by Kalia3333. Contributor trust: 15 [recommend contributor]. Question popularity: 11 [recommend question]
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