You’ve never got credit cards, so that you don’t have any credit history. You want to pick property, but you’ve constantly covered everything in bucks. Might you score a mortgage if you have never ever had borrowing? It all depends. Even though you may suffer such as for instance you may be alone just who life like that, you are not.

The consumer Economic Safeguards Bureau provided a research saying that “borrowing from the bank invisibles,” those who have zero credit history to your file for the about three significant credit agencies, make up about thirteen.6% of the You.S. inhabitants or around forty-five million some body.

Whenever you are a credit-hidden, in the event that you realize your perfect off a no-borrowing mortgage? Continue reading →