Improve Your Credit Score
By Cyndi Nelson, ABR, CRS, SRES, GREEN
(The Cyndi Nelson Team at MVP Realty Group)
As we endure tough economic times in the Olympia area, it is important you keep a close eye on your credit score, and keep it as high as possible.Many banks are raising their standards when it comes to handing out loans, and borrowers need to be sure they are doing all they can to improve their score. Your score will generally range in the 350-850 area. It is based on your past payment history, length of history, amounts owed, how often you apply for credit, and how your credit was used in the past. Needless to say, if your credit score is low,so are your changes of getting a laon.Although you cannot buy a higher score, there are many ways to improve your score.The number one thing you can do to improve your score is to pay those bills promptly. This should be a pretty easy task to hand...
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