fico score: Tips for Credit Improvement and Repair
- 03/13/08 09:30 AM
1. Probably the most obvious and also the most important is always pay on time. Keep in mind that once you are more than 30 days late on a credit account, there will be a derogatory on the credit report. 2. Have a variety of credit types extended to you. For example, credit cards, car loan, student loan, mortgage loan, etc. These are all different types of loans as seen by the credit bureau. 3. Since length of credit files helps your score, keep you oldest accounts open with a zero balance. Do not close these accounts because it will drop (0 comments)