8 Sure Fire Steps To Improve Credit Score
8 Sure Fire Steps To Improve Credit Score: "Keep your balances 25% to no more 30% of your high limit
If your total approved credit line is $1500, do not to exceed $750. Keep the balance at 30% or $500 in this example. Do this and your credit score will be excellent. Potential creditors want to see responsibiitly in the way you manage your credit. This will definitely help improve credit score.
4 - Avoid the temptation to open new credit accounts
A simple rule: The more open credit cards the higher the risk.
5 - Be ruthless; reduce your credit card balances!
Make larger payments towards high interest creditors first until the account is fully paid off. Then start with the next high interests creditor. Continue until all credit is paid off or paid down.
6 - Use and keep only the credit accounts you need
This common sense rule is simple enough. Lessen temptation of additional credit and save. "
If your total approved credit line is $1500, do not to exceed $750. Keep the balance at 30% or $500 in this example. Do this and your credit score will be excellent. Potential creditors want to see responsibiitly in the way you manage your credit. This will definitely help improve credit score.
4 - Avoid the temptation to open new credit accounts
A simple rule: The more open credit cards the higher the risk.
5 - Be ruthless; reduce your credit card balances!
Make larger payments towards high interest creditors first until the account is fully paid off. Then start with the next high interests creditor. Continue until all credit is paid off or paid down.
6 - Use and keep only the credit accounts you need
This common sense rule is simple enough. Lessen temptation of additional credit and save. "
posted by gotoguy | 8:02 PM
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