Here are some tips to improving your credit….
•Payment History – Pay your bills on time.
•Amounts Owed – Keep balances low. Ideally, for the score to improve carrying a balance of 10% is best.
•Length of credit history – Don’t close out those old charge cards. They prove you have a long standing credit history.
•New credit inquiries – Apply for credit only when you need it, when rate shopping for a mortgage or vehicle do this within a two week time span.
•Types of credit used – The system is looking for a good mix (revolving and installment).
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