Is My Credit Different For Credit Cards vs Mortgages? – Credit Card Insider

Today’s question is: Is My Credit Different For Credit Cards vs Mortgages?
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Credit cards and mortgages are different types of loans, and so applying for them will be quite different. Credit cards are given very small credit limits compared to the typical mortgage amount, and so the process is much more thorough for mortgages. You may be approved for a credit card practically instantly, and only one credit report and credit score will be used. Mortgages, on the other hand, involve checking all 3 of your credit reports and credit scores, as well as verifying other personal and financial information.

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