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Credit Reports
Types of Credit Reports:
-Single
-3-in-1
-Credit Monitoring System
-Free Credit Report
Credit
Report Basics:
-Ordering
a Report Yearly
-Common
Questions
-Determining
Scores
-Interpreting Reports
-Disputing
Errors
--more
basics
Credit Achieving Tips:
-Improving
Credit Scores
-Building Credit
-Re-building
Credit
Identity Theft
Mortgages
Auto Loans
Personal Loans
Debt Consolidation
Credit Cards
Home
-Taxes
-Managing Money
-Credit Help
-Checking Accounts |
HAVING TOO MUCH DEBT
Your debt-to-credit ratio makes up about thirty-five
percent of your FICO score. The more that you use your
available credit, the more of a negative impact it will
have on your credit score.
It is important to note that it will depend what point
in the statement cycle your credit card company reports
your account numbers to the credit reporting agencies
(Equifax, Experian, TransUnion), so even if you are
paying your credit card balances in full each month, it
may appear that you are overextended. The wisest idea in
regards to your credit score is to distribute your
charges over several cards so that you never utilize
more than 30 percent of your available credit limit for
any one card, at any given time.
Tip: Reduce your debt by utilizing these
established methods.
Credit Score Blunders
-Account
in Collections
-Court
Judgements
-Foreclosure
-Bankruptcy
-Too
Much Debt
-Late
Payments
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