What do you think will hurt or help your #credit score the most? It is important to know if you want to get a mortgage and you are borderline between 2 values that could result in a better interest rate.
http://www.houselogic.com/articles/what-affects-credit-scores-7-misconceptions/
For instance would open or closing a credit card hurt your credit score, do liens and judgements reduce your score, how about co-signing for someone else?
thanks for the post, this is a great article I will be sharing this with my clients
Thank you for your post .... I think to many people are unaware of what will "hurt" and what will "help." Or just have the two mixed up. This is valuable information.
with so many people's credit scores hurting these days any helpful info is great on how to get yourself back on the right track and increase that score again...thanks for the post..
Greg,
Thanks I share it with all of my clients and the credit report and credit scores are the first steps I take with Buyers.
Carlos,
Hey, I was too, eons ago prior to becoming a REALTOR I couldn't imaging closing a credit card account could hurt my credit score. Thanks for the comment!
Lisa,
Thanks for the comment, it does seem contracry sometimes what helps and what hurts a credit score.
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