credit score: Two Ways to Be More Strategic with Your Credit - 05/20/19 11:12 AM
 
Your length of credit history looks at how long your accounts have been opened. This has a 15% impact on your score. The longer your accounts have been opened, the higher your score will be; newly opened accounts will bring your score down. Here are three practical steps for you to improve your score in this area:
 
 
Don't close your credit accounts. If you must, close the newest ones instead of the oldest ones. Your score will improve over time if you keep accounts open and use them every once in a while. Think twice before jumping on … (1 comments)

credit score: How to Improve Your Balance-to-Limit Ratio - 12/10/18 09:39 AM
 
Your balance-to-limit ratio looks at the balance you owe vs. your available credit lines.  This has a 30% impact on your score. Keeping your credit balances below 50% of your available limit is very important. Keeping your balances below 30% of your available credit is even better.
For instance, if you owe $10,000, and you have $100,000 of credit available to you, you are only using 10% of your available credit line. On the other hand, if you owe $10,000 and you only have $10,000 available to you, you have "maxed out" your available credit and your credit scores will be … (1 comments)

credit score: How to Improve Your Credit Score - 09/04/18 06:23 AM
   
Your credit scores usually determine the price you pay for your money (your mortgages, your auto loans and leases, your credit cards, business loans, etc.). Perhaps the most significant part of your credit report is your credit score. Credit scores range from 350 to 850, with 850 being the best possible credit score that you could receive, and 350 being the worst possible credit score. There are five factors that determine your credit score:

Your Payment History: 35% impact on your credit score Paying debt on time and in full has a positive impact. Late payments, judgments, charge-offs, collection … (2 comments)