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Posted in Mortgage
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Question By
Nomadre

229 Contributions
79 People Helped
Change of service companies on mortgage.
Three times my mortgage has been sold to a new company. This is not me refinancing, just having to make my payments to a different company each time it happens. But what also happens is the my Age of Credit drops.... So even though I refinanced over two years ago, my loan looks like it has less than a month on it and drags down the average age. I know the age of credit is typically a low impact on scores, but is there anyway to counter this?

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