Kylan Schooley - Mortgage Loan Officer

11/17/2021

05/25/2021

Tip #6
Keeping your credit card balances UNDER 30% can help raise your score quickly and keep it up.

05/24/2021

Tip #5
Keep old accounts open. Closing old accounts can shorten your average account age and decrease your overall available credit - two things that can hurt your credit score.

05/23/2021

Tip #4
Avoid bankruptcy. Filing for bankruptcy can lower your score more than almost anything else. It will take years for you to rebuild your credit.

05/22/2021

Tip #3
Paying your bills on time contributes to 35% of your credit score.
It is so important that you pay your bills on time or you will have a significant drop in your score and be less likely to be approved for a mortgage or other credit.

05/21/2021

Tip #2
Credit reporting errors can happen to anyone. You can dispute any duplicate accounts, typos, previously discharged debts, incorrect social security numbers or other mistakes you find.
The FTC found that about 1 in 4 surveyed customers had at least one significant reporting errors.