Sentences with phrase «high credit scores over time»

This practice will lead to high credit scores over time.

This Week's Goal: To establish a plan for maintaining a clean credit report and high credit score over time, and to learn how to protect your credit from fraud.

Not exact matches

A higher credit score gives you a better chance for a lower loan interest rate — which could save you thousands of dollars over time.

A higher credit score allows you to qualify for the best mortgage available to you — and one that comes with the best available interest rate, which can save you tens of thousands of dollars over time.

As a financial planner who specializes in working with doctors and their families, I've realized over time that many doctors do have high credit scores.

Higher credit limits can improve your credit score over time as long as your balances are a smaller percentage of your total available credit.

A high credit utilization ratio will lower your credit score consistently over time, and these impacts can add up in the long run.

In general, having a high credit utilization ratio will have the biggest impact on your credit score over a longer period of time.

This may sound paradoxical, but companies that formulate and sell credit scores consider an abnormal (whatever that may mean) number of credit inquiries, particularly over a relatively short time period, to be an indicator of higher - than - average credit risk.

If you have a high credit limit with your USAA Secured Card ® American Express ® account keeping the balance low can lead to a higher score over time.

If your bad credit score is a result of late payments or high balances, then as you pay down your balances and built a record of on - time payments, your score will gradually increase over time.

Although these loans offer higher interest rates for borrowers with short credit histories or a low credit score, the fact that they report to the three major credit reporting agencies means that on - time payments can build your credit score over time.

Higher Credit Scores equate to lower interest rates & mortgage interest savings accumulates over time.

A higher credit score could literally save you thousands of dollars (or more) in interest and payments over time.

Your credit score is an important financial number that, if kept high, can potentially save you thousands of dollars over time.

They can depress your credit scores, raise your interest rate and potentially cost you tens of thousands of dollars in higher payments over time.

Although these credit cards seemed like «free money,» many people were shocked to find that over time their debt was compounded by fees and high interest rates — a score for the banks, but a serious problem for young, inexperienced credit card holders.

«Because a high FICO score is typically achieved over time and takes into account dozens of variables, there are no «quick fixes» for rapidly improving scores or repairing bad credit,» Sprauve said.

Of course if you're looking at fixing your credit over a long period of time and not worried about raising your credit score quickly than you would choose to pay down the cards with the highest APRs first and than lower the debt ratio on cards with low APRs.

People with higher credit scores can often qualify for lower interest rates — and that can save you serious dollars over time.

«Because a high FICO Score is typically achieved over time and takes into account dozens of variables, there are no «quick fixes» for rapidly improving scores or repairing bad credit,» said Sprauve.

Higher FICO ® Scores are a result of healthy credit behaviors, and the best way to have higher FICO ® Scores is to demonstrate healthy credit behaviors overHigher FICO ® Scores are a result of healthy credit behaviors, and the best way to have higher FICO ® Scores is to demonstrate healthy credit behaviors overhigher FICO ® Scores is to demonstrate healthy credit behaviors over time.

If you intend to pull your score frequently, perhaps because you are in the market for a house and would like the highest possible credit score to get the best interest rate on your home loan, then give Credit Karma a look, where you can get a credit score and track your score over time with no fees or obligacredit score to get the best interest rate on your home loan, then give Credit Karma a look, where you can get a credit score and track your score over time with no fees or obligaCredit Karma a look, where you can get a credit score and track your score over time with no fees or obligacredit score and track your score over time with no fees or obligations.

A higher credit score gives you a better chance for a lower loan interest rate — which could save you thousands of dollars over time.

[1] NAR analysis of mortgage data from 2007 to 2013 in the HMDA dataset indicate that the share of rejected loans due to credit scores were significantly higher for African Americans and American Indians, ranging from 2.1 % to 7.0 % higher for African Americans versus Whites over this time frame.