Sentences with phrase «making payments on time»

There are some effective ways to improve your credit score over a period of one to two years, including making payments on time and reducing your credit card balances.

One example of a compensating factor would be that the borrower has a long history of making payments on time, and / or has significant savings in the bank.

Making payments on time is the most important aspect of a credit score.

• First, you'll need a history of making payments on time over the past year, and at least six months must have passed since the closing date on your original FHA mortgage.

Opening a lot of lines of credit will temporarily decrease your score a few points, but it will go back up once they realize you're still making your payments on time.

However, most consumers will find that by diversifying the account types in use and making payments on time every month, their ratings will gradually improve over time.

The most important part of any credit score is making payments on time.

To raise your credit scores, you must have credit accounts and use them responsibly by making payments on time and never maxing out credit cards and lines of credit.

Your rate can, however, go up to 29.99 % if you are not careful with making your payments on time each month.

A home equity loan may be able to help you consolidate your debt in order to have an easier time making your payments on time.

The teen can build credit by using the card and making all payments on time.

One thing you do that can make major impacts on your FICO credit score is making payments on time — it affects more than one third of it and missing one bill one time can slash your credit by 100 points.

Making payments on time is key to having a good credit rating.

Learning how to budget your money is one of the many ways to ease the stress of making payments on time, and lowering your student loan payment is one the best ways to help with budgeting.

They are a deliberate decision made based on a history of making your payments on time.

With this access, you can ensure your child is making payments on time, and you can make payments yourself if you choose.

Now when you say, making their payments on time, what if they ran into some bumpy roads back during the bust?

Other advantages to making payments on time include:

One of the ways this can be achieved is by making payments on time for things like rent, utilities, installment loans, etc..

One of the easiest ways to have a below - average credit score despite making your payments on time is to make poor use of your available credit.

If lenders see that you haven't done the greatest job of making your payments on time, they're going to set it up so they're safe.

Education loans are repaid in installments, and making payments on time helps demonstrate you're a reliable borrower.

This can be frustrating; how can you improve your credit score by making payments on time if you can't receive approval for funding in the first place?

If you have so many accounts to a point where you can not keep track of others, you may end up missing making payments on time, which could increase your interest rate.

Building good credit through your student loans is as simple as making your payments on time.

If you currently have bad credit, a full year of making your payments on time and not exceeding your credit limits will have a noticeable positive impact.

The primary cardholder is the only one responsible for making payments on time every month.

For secured personal loans, use the proceeds while making the payments on time each month.

Start making your payments on time, and eventually your interest rates can go back to normal.

For borrowers who are making their payments on time but are on the verge of default, the Obama administration's loan modification program can reduce their credit score as much as 100 points.

While making payments on time will generally help improve your credit, this isn't the case with title loans.

Clearing up past loans, such as credit cards, car loans, etc., and making payments on time to a consolidation loan can clean up your credit history quickly.

If you have poor credit that means you have trouble making payments on time, and it's not a good idea to get this card.

If you continually miss making your payments on time, the issuer will likely add on more late fees.

Concentrate on making payments on time and avoiding expenses that can lead you to miss payments or pay late.

Making payments on time is one of the biggest contributing factors on your credit scores, with your payment history accounting for 35 % of your total score.

By making payments on time and avoiding excessively large rolling balances, you can start building a history that should be viewed positively.

Late payments will lower your score, but establishing or reestablishing a good track record of making payments on time will raise your score.

If you've had trouble making payments on time in the past and consolidating your debt results in never missing a payment, your credit score could increase from this new positive behavior.

If you continue making payments on time throughout the refinancing process, and your credit score continues to improve, you'll be in a much better position to ask for loan refinancing.

By making your payments on time, you establish a positive record on the most important metric counting towards your rating.

Making your payments on time, even if you're just paying the monthly minimum, is helpful since payment history is the biggest determinant of your FICO credit score.

Once you have an account, focus on making your payments on time and, in general, using your credit card responsibly.

In addition to making payments on time, getting a secured credit card is a great way to improve your credit score.

All of these items indicate that you either haven't been making payments on time, or you haven't been making payments at all.

Be diligent about making payments on time to vendors and suppliers.

It is important to protect your credit score during the entire application process, which includes making your payments on time, keeping your current job, staying with your current bank, maintaining low credit card balances and avoiding major purchases (e.g. a new car, new furniture) until you have closed on your mortgage.

Making payments on time always has a major influence on your credit standing, both for personal and business scores.

In the industry's slimy underside, firms push borrowers into default and foreclosure, even when they've been making payments on time.

Microloans are also a great way to start establishing stronger business credit by making your payments on time.