Posted on September 6, 2008 - Filed Under improve credit score | Leave a Comment
The common belief of most American consumers is that credit cards are for emergencies. If you are the average American you also have over ten different credit accounts including credit cards, mortgage, and an auto loan. This belief is can put consumers into trouble and can really make for some tough times. [...]
Read More..>>Posted on July 24, 2008 - Filed Under good FICO score, improve credit score | Leave a Comment
Just plan and simple, if you want to get a good FICO score you need to pay your bills on time. This can be a struggle for some. To ensure this happens, you need to either have a budget or a calendar setup with all your bills. This way you don’t forget when payments are [...]
Read More..>>Posted on July 24, 2008 - Filed Under good FICO score, improve credit score | Leave a Comment
What you owe should always be on your mind. This is because it makes up to 30% of your FICO score and to get a Good FICO score you need to manage it. Scoring always likes to see you with little debt compared to what you can borrow. The measure for what you owe is [...]
Read More..>>Posted on July 24, 2008 - Filed Under good FICO score, improve credit score | Leave a Comment
So you want a good FICO score. You need to leave those cards in a shoebox at home. Why? Most people cannot control their spending. Almost all spending is impulse. Until you realize this you might have trouble paying down those balances. I have had trouble looking at those new shoes and thinking to myself [...]
Read More..>>Posted on July 24, 2008 - Filed Under good FICO score, improve credit score, utilization | Leave a Comment
Is this way to get a good FICO score? Well looking at it people believe that having less credit available to borrow will make you seem more responsible to lenders. In fact, this could hurt a good FICO score. This is because you are again judged on utilization. This is the formula to look how [...]
Read More..>>