CreditStrong for Business
NOVEMBER 7, 2024
The most heavily weighed factor that contributes to your FICO score is your payment history , which is 35% of the basis for credit scores. Consumers must strive for making timely payments on all credit card debt, car loans, and other loan types.
Due
DECEMBER 2, 2023
Don’t open too many new accounts As mentioned earlier, a credit application prompts a hard inquiry into your credit report, resulting in a few points off your credit score. When you simultaneously open several new accounts within a short period, these applications could damage your score.
Due
JANUARY 3, 2023
Despite the fact that there are no quick fixes for repairing your credit, there are things you can do to improve your FICO score. What to look for in public records: A Chapter 7 bankruptcy stays on your credit report for 10 years after it’s filed. For example, getting current on missed payments.
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