Sentences with phrase «much bigger impact on your score»

Paying your bills on time and not over-using the credit you have have a much bigger impact on your score than age of accounts.

Not exact matches

It doesn't seem like a simple three - digit number would have that much impact on how you manage your money, but your score shapes whether you're able to make a big purchase or qualify for the best rates on loans.

Remember that your credit scores and the loan - to - value ratio of your property could have a much bigger impact on your refinance rate than a slight shift in average mortgage rates, says Malcolm Hollensteiner, director of retail lending sales for TD Bank in Vienna, Va..

Remember that your credit scores and the loan - to - value ratio of your property could have a much bigger impact on your refinance rate than a slight shift in average mortgage rates, says Malcolm Hollensteiner, director of retail lending sales for TD Bank in Vienna, Virginia.

Of course, knowing the impact on a FICO score and actually avoiding these mistakes are two separate things: Amid rising unemployment and other daily financial struggles, paying bills and staying on - track financially becomes a much bigger challenge for many borrowers.