Did you know that even if you have enough income to take out the mortgage on your dream home, if you haven't taken care to always pay your credit card accounts, car payments, personal loans on time? etc. you could be refused your loan.
Indeed, lenders pay enormous attention to your credit rating also called "beacon rating". Every time you pay late for even one day, a notice is sent to the credit bureau by your creditor. Too frequent delays can ruin your credit rating.
Ask me ! I can tell you what actions to take to improve your credit rating