6 Ways To Improve Your Credit Score!
Banks don’t like when you’re using more than 30% of your available credit line. Statistically, those who do, have a higher propensity to go delinquent on their next bill. Think about it, if you really were in financial trouble, you would likely have to max out your credit cards. Banks don’t like lending to people in financial trouble. The credit score is meant to protect banks from lending to people in those types of situations.
Original Article Source Credits: GreedyRates , https://www.greedyrates.ca/
Article Written By: GreedyRates
Original Article Posted on: August 9, 2020
Link to Original Article: https://www.greedyrates.ca/blog/5-ways-improve-credit-score/#:~:text=First%2C%20ask%20for%20a%20credit,total%20balance%20to%20line%20ratio.