To continue to enhance your credit score you will need to understand the effects of the things you do that are credit related and how they impact your credit score.
Mixture of credit is a factor that impacts your credit score. Some simple guidelines as an example are, no more then 5 revolving accounts - like credit cards 1 installment loan - like auto loan 1 mortgage - mortgage loan on YOUR house keep your debt to credit limit under 30%, Example: if your credit limit is $40,000.00 (which it should be by now if not talk to us) make sure you use less than $11,000.00 only and try to pay it off every month. This will continue to build good payment history.
Your credit score is like raising a child, the more good stuff you put in it, the better it will turn out. REMEMBER GIGO Garbage In Garbage Out and for our conversation, Good In Good Out Improving your credit also requires some time.
Your credit score will steadily increase over time, in some cases several years, in others several months depending on your current credit profile and how extensive your credit profile is today.
If you are thinking of becoming Financially Free or thinking of starting a new business, contact us and we will show YOU how YOU can become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!
I hope you found this information helpful.
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