What is the best tradeline to own on my credit? Mortgage or Credit cards?
I want to know if open trade lines looks good on my credit? Also if so which ones are the best? Mortgage, auto, credit cards, etc
The length of time, reimbursement history and debt-to-limit ratio are the most important factors. In other words, how you've handle the credit is more important than who the creditor is.
type of credit have no bearing -- how you take guardianship of this credit is the important thing!!
"> One installment, two revolving (credit cards, etc). You can't return with a mortgage without existing credit. Do not charge more than 50% of the limit on the credit cards and do not rate them off monthly. I know that is more costly than paying monthly but it's the credit spectator sport. just charge $100 bucks and pay $20 per month.
Related Questions:
Mortgage beside bleak credit rating?
where can i get a mortgage near a bad credit rating and will they allow me to consolidate my other debts into it? Banks are real bastards currently, if there was ever a time to hold excellent credit this is it. But, with Osama Bin Bama's alleged plan...
The length of time, reimbursement history and debt-to-limit ratio are the most important factors. In other words, how you've handle the credit is more important than who the creditor is.
type of credit have no bearing -- how you take guardianship of this credit is the important thing!!
"> One installment, two revolving (credit cards, etc). You can't return with a mortgage without existing credit. Do not charge more than 50% of the limit on the credit cards and do not rate them off monthly. I know that is more costly than paying monthly but it's the credit spectator sport. just charge $100 bucks and pay $20 per month.
Related Questions:
Mortgage beside bleak credit rating?
where can i get a mortgage near a bad credit rating and will they allow me to consolidate my other debts into it? Banks are real bastards currently, if there was ever a time to hold excellent credit this is it. But, with Osama Bin Bama's alleged plan...