Consumer Financial Protection Bureau
CFPB Report Finds Cash-Out Mortgage Refinance Borrowers Improve Credit Scores
January 24, 2025
Summary
The CFPB has released an analytical report examining the credit score outcomes for borrowers who utilize cash-out refinance mortgage products. The findings highlight statistical correlations between debt consolidation via cash-out refinances and subsequent improvements in consumer credit profiles.
Common questions
- What does "CFPB Report Finds Cash-Out Mortgage Refinance Borrowers Improve Credit Scores" cover?
- The CFPB has released an analytical report examining the credit score outcomes for borrowers who utilize cash-out refinance mortgage products. The…
- Which agency issued this update?
- This update was issued by Consumer Financial Protection Bureau.
- When was it published?
- It was published on January 24, 2025.
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