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When it comes to having an excellent credit someone is usually advised to know that a 760 or more is usually considered a good score. Being able to attend a maximum credit score usually requires you not to use your credit. Keep in mind that it can sometimes not be helpful, and in order to do so you need to use your credit. Therefore you should know that a couple of things here and there will not destroy your chances of getting that mortgage that you want. It is important for you to make sure that you aim for 760 and above because you will be able to qualify for virtually any loan products that you would be interested in getting. Below are some things you should know in order to get a perfect credit score.
Keep in mind that it is wise for you to make sure that you make payments on time every time that you are needed to do so. This is usually the number one way to show your worthiness. If you choose to use credit keep in mind that it is usually not a bad thing unless you use an exaggerated amount and you will not be able to pay off on time as it is very bad. You should ensure that you set a reminder on your phone and then you set up an homepage automatic payment with your bank. It is your mandate to always ensure that you do whatever that is discover more needed to be done in order to always remember to pay on time. You can be able to attend a perfect credit score if you have a 100{b667b7fee7f9e349e3849d7808d8734b30e1c2256b952c1054a03978c4d88e06} onetime payment record. Note that when it comes to negative items like missed this service payments usually have less impact on your score as time passes. You can always choose to start from where you are not and ensure that you make the payments on time.
What you need to know is that credit reporting agencies are known to look at the total credits that you have compared to the credit that you are using. If you use your credit a lot of times, it is usually a bad thing since you are maxing out what is available for you. However this usually does not mean that you cannot use your credit. What you should page do is try to keep the ratio under 30{b667b7fee7f9e349e3849d7808d8734b30e1c2256b952c1054a03978c4d88e06}. Keep in mind that if your credit cards in alliance usually have 20000 of available, your aim is to ensure that you keep your average usage at around 6000 or less. If you end up closing all your old account that you do not use it is never a good idea.
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