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Posts from July 2013
Credit Score Myth
posted Jul 1 2013 8:51AM
Paying off or making the minimum payment on your credit card each month is only the start of establishing good credit.
Another facter that accounts for 30% of your credit score is “utilization” or the balance on your statement in relation to your credit limit.
If at all possible you want to keep this below 25%. For example, if you have a $1,000 credit
limit you want to make sure that the balance on your monthly statement does not exceed
Pay attention to your balance in relation to your credit limit and if it exceeds 25% consider making additional payments prior to your lenders billing cycle.
Thrill's Big Brown Blog
Recent Blog Posts
Steve Migs Blog 7/30/15 "Drunk Friend!"
BJ'S BLOG 07/30/15 "Mean On Facebook"
Steve Migs Blog 07/29/15 "Rainier On Pine"
BJ'S BLOG 07/29/15 "Best Man Hates the Bride-To-Be"
BJ'S BLOG 07/28/15 "Sex Before Vacation?"
Steve Migs Blog 07/28/15 "Doing The Whip and The Nae Nae"
BJ'S BLOG 07/27/15 "Thinking, Part One: Starfish"