2 reasons your credit score isn’t improving

Do you pay off your credit card bill in full every month but haven’t noticed a big improvement in your credit score?  Improving credit isn’t an overnight task but with hard work, responsible spending and patience, your score will soar. Many of you are doing everything you have been told to do, but for some […]

Categories: Credit Scores

How payment history impacts your credit score

By: Team J&J-FBC Mortgage LLC Your credit scores usually determine the price you pay for your money (your mortgages, your auto loans and leases, your credit cards, business loans, etc.). Perhaps the most significant part of your credit report is your credit score. Credit scores range from 350 to 850, with 850 being the best […]

Categories: Buying a Home

Improve your credit rating by managing your account limits and balances.

IMPROVING YOUR CREDIT RATING By: Team J&J – FBC Mortgage LLC The Balance You Owe vs. Your Available Credit Lines has a 30% impact on your overall credit score. Keeping your credit balances below 50% of your available limit is very important. Keeping your balances below 30% of your available credit is even better. This […]

Categories: Credit Scores

Can having my credit checked make my score go down?

By: Team J&J – FBC Mortgage LLC So, you're thinking of getting a car loan? Maybe a mortgage home loan? Maybe a retail store credit card? Before you apply for that loan, think about this.  Your credit score is one of the main factors used when a lender decides if they will loan you money. It is very […]

Categories: Credit Scores

Improving your credit rating by paying bills on time

IMPROVING YOUR CREDIT RATING By: Team J&J-FBC Mortgage LLC Your credit scores usually determine the price you pay for your money (your mortgages, your auto loans and leases, your credit cards, business loans, etc.). Perhaps the most significant part of your credit report is your credit score. Credit scores range from 350 to 850, with […]

Categories: Credit Scores