Reduce Installment loan balances below 80%

Reduce Installment loan balances below 80%Just as you would reduce your balances on revolving credit to 45% or less to increase your credit score, you would also reduce your installment loan balances to 80% or less to increase your scores also. Credit bureaus know...

Reduce credit card balances below 45.91%

Reduce credit card balances below 45.91% debt to credit limit ratio.   We often find that because of emergencies we have run up our credit cards and are close to maxing them out. This is very costly to a credit score because it shows the credit bureau scoring modules...

Pay Your Bills On Time… REALLY!!!

Pay your bills “on time”.  Be punctual – Pay all your bills on time. Late payments, collections, and bankruptcies have the greatest negative effect on your credit score. But let’s talk about “Late Payments” for this week. Late payments cost you in points, big time,...

By: Dmitri Chavkerov

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