Here are some tips from the National Association of REALTORSÂ® on how to improve your credit score:
1.Check for and correct any errors in your credit report. Mistakes happen, and you could be paying for someone elseâ€™s poor financial management.
2. Pay down credit card bills. If possible, pay off the entire balance every month. Transferring credit card debt from one card to another could lower your score.
3. Donâ€™t charge your credit cards to the maximum limit.
4. Wait 12 months after credit difficulties to apply for a mortgage. Youâ€™re penalized less for problems after a year.
5. Donâ€™t order items for your new home on credit â€” such as appliances and furniture â€” until after the loan is approved. The amounts will add to your debt.
6. Donâ€™t open new credit card accounts before applying for a mortgage. Too much available credit can lower your score.
7. Shop for mortgage rates all at once. Too many credit applications can lower your score, but multiple inquiries from the same type of lender are counted as one inquiry if submitted over a short period of time.
8. Avoid finance companies. Even if you pay the loan on time, the interest is high and it will probably be considered a sign of poor credit management.
Good luck to you!
Prudential Connecticut Realty... more
Hello Martha ! I would love to show you those two homes in Elwood. Unfortunately, I work with other clients and have scheduled appointments with them. But, I would like to give you that same level of service. I am free to show you these homes on Monday after 4:30 or anytime tuesday or wednesday .... Please let me know if this would be good for you ! my office 765-640-1900 ext 126 and my email: email@example.com. Thanks Bunches Diane... more