06/05/2026
Ever wondered what factors impact your credit score the most? Here's a quick breakdown:
1. Payment History - This is the most significant factor. It's very important to pay your bills on time.
2. Credit Utilization Ratio - This compares your total credit balances to your available credit. Keep it below 30% for best results!
3. Length of Credit History - Generally, having a longer history is a plus.
4. Types of Credit - A mix of credit types can be beneficial.
5. New Credit Inquiries - Opening too many new accounts at once can hurt your score.
Feel free to reach out to me if you have any questions on credit or the homebuying process!