Mar 30, 2020
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Your FICO credit score can affect everything from how much interest you’ll pay o…

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Your FICO credit score rating can have an effect on all the things from how a lot curiosity you’ll pay on a bank card as to if a landlord will lease you an house. ⁣

But when your rating is a bit on the low finish, don’t panic. ⁣
There are methods to assist increase it, together with:⁣
– Paying your payments on time. In the event you’re greater than 30 days late on a fee, likelihood is that your rating will drop. – Decreasing your credit score utilization charge. Most specialists advocate protecting it under 30%.⁣
– Preserving playing cards lively. Moderately than closing outdated accounts, use them to assist show your credit score historical past and obtainable credit score. Simply ensure you pay the stability every month.⁣

Take a look at the hyperlink to our Credit score Scores 101, a part of The Penny Hoarder Academy.

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Comments to Your FICO credit score can affect everything from how much interest you’ll pay o…

  • #personalfinance #creditscore #creditcard #creditcards #lessmoneystress #smartmoney

    thepennyhoarder March 30, 2020 5:15 pm Reply
  • We really love what you are doing. Keep up the incredible work!

    a1.credit March 30, 2020 5:15 pm Reply
  • All true and good advice but just remember: A credit score is a measure of how profitable you are to a bank, landlord or other type of lender, not a measure of your self worth or the health of your personal finances.

    youknomefoo March 30, 2020 5:15 pm Reply
  • Love..

    debbie.viveiros_mortgage_agent March 30, 2020 5:15 pm Reply
  • @gabb.ith

    marcburg3ss March 30, 2020 5:15 pm Reply
  • Yes! 💯

    petalcard March 30, 2020 5:15 pm Reply
  • @reneeforever21

    simplyquinnie March 30, 2020 5:15 pm Reply
  • What do you mean by mix up accounts ?

    wolfiekins March 30, 2020 5:15 pm Reply
  • I’m scared of credit cards but I want to buy a car . I have no credit but I have 2 years rental history and I’m gonna have 6,000 saved by next January for it. What shud I do

    fuckyoupaycc March 30, 2020 5:15 pm Reply

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