05/12/2019
If your Credit Kharma looks anything close to this then you need to be Educated on credit and you need your credit repair.
Your credit utilization should be at 30% or lower aim for 10%. Banks see you as a person who CAN NOT control money when you above 30% but they really look at you funny when your at almost at 100%
Your payment history is very important, bank/utility company's check this to see how good your are at paying your bills on time. Any thing below 90% tells these companies that they cant trust you to pay them back on time to what so ever.
Total accounts if you do not have 12+ account open or close but not in collection banks see you as a person who is still young and have to experience with credit. DO NOT BELIEVE PEOPLE WHO SAID HAVING TO MANY CREDIT CARDS ARE BAD. IT ONLY BECOME BAD IF YOU CAN NOT AFFORD ALL OF THEM. OPEN AS MANY CARDS AND ACCOUNTS YOU WANT AS LONG AS IT BENEFITS YOU. BUT BE SMART WITH IT.
If you have more than 1 Derogatory mark on your credit report and trying to buy a house or obtain a credit card your odds of obtain credit because they see you as a person who can not handle line of credit, cant pay people back on time, your not responsible, your not trust worthy and your not educated enought.
If You Have Any Of These On Your Credit Report this is a sign that your credit need to be FIX and you need to learn for about credit and how it affect your life in short and long term.
Follow our business page
Click the link in bio to sign up or obtain more knowledge on our service.