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PalosVerdes & BchCities Real Estate

By Rachel and Kathy Tyndall | Agent in Palos Verdes Estates,...
  • HOW TO IMPROVE YOUR CREDIT SCORE

    Manny Moumdjian from EZ Choice Financial told us these important facts about credit:
    1. Establish credit. No credit is bad credit.
    2. Pay off public record items to improve your credit score.
    3. Have a minimum of 3 lines of credit opened.
    4. Don't close accounts. Try to use all of your credit cards at least once a month.
    5. Lower your limit to balance ratio. Lenders want to see that you have 50-60% of your credit limit available. Don't max your cards out! If your maximum is over 30% it can affect your credit score from 10-45 points!
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