Why add positive credit FIRST, like a tradelines to boost the score?

By
Services for Real Estate Pros with Credit Score Boost - USA Credit Solutions

Why add positive credit FIRST, like one of our tradelines first to boost the score?

Watch and find out

 

 

Our experts have worked in the financial sector for  many years and this is why our 

program is shaped to makeover your financial life in the best possible way.

 

 

Because your score is effected by debt to credit ratio.   Here is how to determine your debt to 

credit ratio.

 

 Add all your balances (debts)  

 divided by all the avaliable credit limit amounts 

 ---------------------

 Credit Ratio   

 

When you start disputing items on your credit report

 

1. Lenders are afraid to approve you for new credit or tradelines

2. You start deleting any history you had, and the score can drop

3. or drop to zero / no score

 

 

What is a good credit ratio?

 

On revolving credit accounts (credit cards) the average debt to credit ratio is 7%

On installment accounts (mortages / other loans) the average is 35% (35% of the original loan amount is paid off)

 

 

Now maybe you are beginning to see why our experts recommend adding good credit first. Because

it is a faster way to help boost a credit score and keep it maintained.  

  

The other way is to purchases our pay your debt down program and start paying that debt down which can take more 

than the time frame you are need at the present moment.

 

What is the best utilization of your c redit ratio ?  9% or less, you will see dramatic increases in scores.

 

But also we have some other tips you might be interested in maintaining and improving that score

 

What happens when you have too much debt and not enough credit ?

 

Say you have a 680 score but now you have maxed out your available credit, you can lose 30 points or more

Say you have a 780 score and now you have maxed out your available credit, you can lose 45 points or more

 

Am I just talking about credit cards?  No  because the FICO scoring takes into account your individual accounts

and cumulative balances even if they are in a negative status or collections.

 

So what's the ideal ratio?  Well yes  of course start out with some of our tradelines and credit options, then 

begin paying down your debt.  ? Why paying down the debt second?

 

Another reason you might want to consider paying down your debt second, is that with the Obama Credit reduction act,

now lenders are reducing the amounts of credit limits, when you start paying those debts down, then what happens?

Your score drops. So if you are a person with larger amounts of debt in credit cards, then we recommend starting with

good credit first.

 

If your intested in repairing your debt to credit ratio and becoming financial secure, please click on the link below for more 

information.

To go directly to our tradelines click here: http://goo.gl/OLfivS

If you want a total makeover then click here:

Are you ready to find out more :  http://goo.gl/TAUPB9

 

 

 

 

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Rainmaker
384,836
Trumps Elite
Keller Williams Realty Acadiana - Lafayette, LA
Realtors/Career Consultant

Very informative information! I think alot of people can benefit from this information. Thanks!

Apr 28, 2015 08:26 AM #1
Rainmaker
55,152
Edward Gomez
Credit Score Boost - USA Credit Solutions - Affton, MO
Credit Score Boost USA

You are welcome. We hope you will help your potential clients with this information, help those in the credit issues stack, become part of your pipeline.  We will do a new video soon on how you can help them.

Apr 28, 2015 08:35 AM #2
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Rainmaker
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Edward Gomez

Credit Score Boost USA
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