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- #41
I live in Nigeria and very few people knows of the existence of credit worthiness. Most times people don’t acquire loans buy houses so they never had good chance of knowing about CS. However there’re very few real estate companies that accepts down payment and mortgageCredit score is extremely important when you are purchasing a home, I do think that this will apply to any region that you are in because more often than not people tend to take out loans in order to purchase a property and the credit score is a degree to how reliable and good you are in paying back those loans. Of course if you are not reliable then you will have a hard time taking out the loan in the first place, and for such a high valued loan as to buy a property it is important to have a credit rating.