Thankfully, it is nevertheless feasible, though definitely not effortless, for somebody without credit to secure a home loan and purchase a residence. Here’s what you should understand.
So what does no credit mean?
In realm of student education loans, automotive loans and charge cards, it is hard to imagine without having any debt. However it is feasible to call home without any credit, particularly if you’re young and have now prevented loans your entire life.
If you’re debt-free and make use of debit cards in place of charge cards, it might be feasible to not have any credit history that is recent.