Credit tip of the month

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Mortgage and Lending with Fairway Independent Mortgage Corp LO -0914688 NMLS#221295

The best "mix" for a strong FICO score is to have a mixture of trade lines. For instance, a mortgage, a car loan, perhaps a student loan and between 2-4 major credit cards. More or less than this can be viewed slightly negatively. (However, if you happen to have more than 4 credit cards do not close them.)

 

From our friends at Andorra Credit Repair

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