- New credit is 10% of your score and every time you apply for credit an inquiry is added to your report, which drops your score.
- Types of credit used accounts for 10%. Installment loans like vehicle and personal loans demonstrate you can manage various long and short-term credits.
- The length of your credit history accounts for 15%, so maintain your accounts instead of closing them. You are not penalized for available credit.
Wednesday, June 1, 2011
7 Ways to Build your Credit Score
Hello There Guys...Sorry about the distance between posts. Here are the last 3 ways to Build you Credit Score... I hope this advice helps!
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