Real estate blog entries tagged with income by Kevin Nelson MLO-121548 (Mortgage Advisory Group CL-36130)

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Home : Blogs : Kevin Nelson MLO-121548 : Kevin's Blog : Tag "income"

income: So You Make More Money Now - Why Doesn't Your Credit Score Go Up? - 08/12/08 04:09 PM

Simply put, your income does not affect your credit score. Whether you make 30k per year or 200K - you may share the same scores.
So that opens up the question - "What are the factors that affect my score?"
Here they are:
35% is based on your payment history for both old and new accounts. 30% is based on the amount you owe. High balances are a negative in the eyes of a credit bureau. As a rule of thumb, add up all of your 'limits' for your credit cards and compare the total to the total of your balances. … (1 comments)

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Kevin Nelson MLO-121548

Wenatchee, WA

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Mortgage Advisory Group CL-36130

Address: 1250 North Wenatchee Avenue Suite G, Wenatchee, WA, 98801

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