HOW TO INCREASE YOUR FICO SCORE
Its never a perfect time to fix your credit. Start today.
Other reasons why your credit may be low
Too many recently opened accounts:
Although having accounts on your report helps you build credit history, having too many recently opened accounts can have a negative impact on your credit score. You should be selective and only open accounts as needed.
Ratio of total balances to total credit lines:
Having a high proportion of balances to credit limits on revolving accounts can have a negative impact on your credit score.
Insufficient number of accounts
Too many recent inquiries:
Each time a potential lender pulls your credit report for review, an inquiry is placed on your file. Having too many recent inquiries on your credit report has a negative impact on your credit score. You should be selective and only apply for accounts as needed.
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Website: https://www.venegascapital.com/
Other reasons why your credit may be low
Too many recently opened accounts:
Although having accounts on your report helps you build credit history, having too many recently opened accounts can have a negative impact on your credit score. You should be selective and only open accounts as needed.
Ratio of total balances to total credit lines:
Having a high proportion of balances to credit limits on revolving accounts can have a negative impact on your credit score.
Insufficient number of accounts
Too many recent inquiries:
Each time a potential lender pulls your credit report for review, an inquiry is placed on your file. Having too many recent inquiries on your credit report has a negative impact on your credit score. You should be selective and only apply for accounts as needed.
Subscribe to our channel: https://www.youtube.com/channel/UCY8NOe9OgyRU5DH08ynZHGw
--
DON’T FORGET TO FOLLOW US:
Instagram: https://www.instagram.com/venegascapital/
Facebook: https://www.facebook.com/VenegasCapitalLLC/
Website: https://www.venegascapitalre.com/
Website: https://www.venegascapital.com/
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