Getting a good Beacon score is important for receiving a good mortgage rate.
Such things as applying for credit cards, late payments on bills, too many credit cards or too many loans can all have a negative impact.
There are a couple of minor details that people don't realize can impact their score. When paying off credit cards, there are two dates, the statement date and the due date. When the information goes into the credit bureau, they get the statement date. So if you pay off your card on time on the due date, even if you pay it off in full, your score will not reflect this and it may negatively affect your score.
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