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