7 Ways to Build your Credit Score...#4

#4....The amount owed is 30% of your score. A good rule is to use less than 10% of your credit available on each individual card, or just pay them monthly!

See you tomorrow :)

7 Ways to Build your Credit Score...#3

#3 Your payment history accounts for 35% of your score, so make sure payments are on time every month.

Hope everyone had a great weekend!!

See you tomorrow :)

7 Ways to Build your Credit Score...#2

#2...After you request all your scores...check to verify all of the information is correct. If there are any errors, contact the bureaus immediately.

Have a wonderful day & try to stay dry!!

See you tomorrow :)

7 Ways to Build your Credit Score

Credit score requirements for loans are higher than they have been in the past, so a good credit score is so important. In today’s economy most lenders are looking for credit scores of 720 or higher to secure a low mortgage rate. There are seven ways to build your credit score:

1. Request your credit reports and assess the situation. Credit bureaus (www.experian.com, www.transunion.com, www.equifax.com) are required to provide you with a free credit report every year. Nationwide consumer reporting companies get their information from different sources, the data in your report from one company may not reflect the same data in your reports from the other two companies, so request all three.

See you tomorrow with the second way to build your credit :)

Reasons Why Buying a Home is Better Than Renting

***I hope everyone had a wonderful Mothers Day!!***

Reason #5...Pride of ownership. If you purchase a house, it’s yours! To many, owning a home is the very epitome of the American dream. And, with a sense of permanence, you will establish roots in your community!!

Coming soon...7 Ways to Build up your Credit Score...