Let's dispell a credit myth. How important do you suppose paying your bills on time really is to your credit?
Most people are suprised to learn that paying your bills on time is only 35% of your total score. This means that 65% of your score is determined by other factors.
Failing to understand those other areas can be poison to your credit score -- making every thing you finance or insure unfairly expensive.
The lesson here is that if you know and understand how the other factors work, you force huge changes to a credit score.
More to come...
All the best,
author of "Unlocking The Secrets Of Your Credit Score" c 2005
Phone: 407 681-4288