Posts Tagged ‘Credit score’

Your Credit Score Impact on Home Buying Ability

Monday, January 7th, 2013

A credit score is a numerical expression based on a statistical analysis of a person’s credit files, to represent the creditworthiness of that person. A credit score is primarily based on credit report information, typically sourced from credit bureaus. This number helps lenders and others predict how likely you are to make your credit payments…Read More »

Home Buyers Tip | Credit Cards

Thursday, July 5th, 2012

10% of your credit score is based on how well you manage a mix of credit types, such as mortgages, car loans and credit cards.  Another 10% is based on how you’ve managed your “new credit”.

Home Buying Tip | Credit Card Limits

Friday, May 18th, 2012

Keep your card balances at 50% of the limit or below.  Anything over 70% of your limit damages your credit score.