Good Morning!
Did you know that 35 percent of your total credit score comes from your payment history?
...It's true. FICO will watch revolving accounts (like credit cards) and installment loans, such as mortgages and student loans. Defaulting on larger installment loans like a mortgage will damage your score more severely than defaulting on a smaller revolving account.
So, here's the message: One of the best ways for you to improve your credit score is by making consistent and timely payments on your open and active accounts.
...Remember, you have only have until the end of April to ink your contract to take advantage of the Federal Tax Credit. ...There's still time!
Thanks for reading! ...and have a good day!
Brett
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