SCS Tip #6
As important as it is to remove derogatory accounts from your credit, it is just as important to open new lines of credit and establish payment history. In order to get the best results through the process, you must have positive accounts reporting to your credit because that makes up a large portion of the way your scores are calculated. 15% of your score is having a healthy mixture of credit open. A healthy mix of credit consists of 1 installment to every 3 revolving (credit card). If you need help please call us for a free consultation at 1-866-997-6591
No comments:
Post a Comment