Common Credit Myths Part 2 of 2

Common Credit Myths     Part 2 of 2


8-My credit score reflects payments as I make them  -  FALSE

      The credit report and score will be updated when the creditor updates the credit bureaus

      with the new information, which is typically once a month.

9-Credit Scores are the same no matter where I get them  -  FALSE

      Your mortgage industry FICO scores are the most accurate

Things to DO:

Have at lease one open and active credit card

Keep Credit Card balances less than 30% of the limits allowed

Use your credit card monthly to build your credit with activity

Things  NOT  to Do:

Don't close credit cards

Don't close any accounts

Don't apply for any new accounts of any kind

Don't co-sign for anyone/anything

Don't let anyone else pull your credit

Don't pay collections

I hope this will answer some of your questions.

If you still have some, and aren't sure who to ask, give me a call (315) 671-3636

I can give you the names and phone numbers of compassionate people who would

like to help you.

And remember.....                  "DORIS OPENS DOORS!"


Doris Halko,  Associate Broker,    Coldwell Banker Prime Properties (315) 671-3636






Doris Halko

Doris Halko

Licensed Associate Real Estate Broker
Contact Me

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