👉
Definition:
The term "mortgage with no credit score" is a euphemism that refers to applying for a mortgage without the necessary documents like a credit report. This terminology reflects a sense of irresponsibility and disregard, often used by unscrupulous individuals seeking instant financial gain. Example Sentence: "I just signed up for a mortgage with an 'no credit score' because I'm lazy." This sentence is unsettling because it implies that someone has chosen to ignore the need for accurate financial information. It's not uncommon in today's society, especially as technology advances, for people to skip the middle step of gathering credit reports and other essential information required for a mortgage application.
