Posted on
April 1, 2009
at
1:08 am
pay all bills on time. make more payments than your one monthly payment. for example if you pay $100 a month, you could split the payment up to make 2 $50 payments. The more payments more frequently helps your credit score. Dont apply for a ton of credit cards because every time you do it knocks your credit score down a couple points each time.
Posted on
April 5, 2009
at
9:57 am
Thanks for the info erica. I still didn't know this facts...
Posted on
April 7, 2009
at
3:24 am
Can you suggest a best way/place to improve the credit score.
Posted on
April 9, 2009
at
12:53 pm
Like they said, the best way to improve your score is to pay on the right due date and never forgot to ask the bills because they might give you additional charges that you are not aware of, just like what happened to my our debt!
Posted on
July 24, 2009
at
2:36 am
Your credit score is a very important number that lenders use in order to determine whether or not to extend credit to you, and what the interest rate and terms of the credit or loan are. The lower your score, the less likely you will be approved for loans. If you are approved, you may have to pay a high interest rate.Your credit score is broken down into five categories:
- Payment History – 35%
- Total Amounts Owed – 30%
- Length of Credit History – 15%
- New Credit – 10%
- Type of Credit in Use – 10%
http://www.cheap-credit-cards.org
