Sentences with phrase «of paying bills on time»

Consumers with a long history of paying their bills on time typically have high credit scores.

If you have a track record of paying your bills on time, you are more likely to continue doing so.

The score is complex and examines data in multiple ways to determine a consistent pattern of paying bills on time and keeping debt levels low.

Want some motivation to get in the habit of paying your bill on time every month?

Once again, cardholders also did a better job of paying their bills on time.

That's why I stress the importance of paying your bills on time.

So after years of paying your bills on time, check your credit score.

We might know the basic principles of paying bills on time and not using more than 30 percent of a credit line, but we don't always know much more than that.

Several months of paying all your bills on time can slowly begin to raise the number.

When you're in your 20s, it's important to stay on top of paying bills on time — including credit cards, school loans and car payments.

It may take a couple of years, but bringing up a low score is just a matter of paying bills on time and not taking on more debt than you can afford.

Having a history of paying bills on time shows the insurer that you are financially responsible and can pay your insurance premiums.

Consumers can possess high scores by maintaining a long history of paying their bills on time and keeping their debt low.

In general, a lower debt - to - income ratio and a track record of paying your bills on time should help.

One partner, for example, may do a better job of paying bills on time, whereas the other handles their investment portfolio.

In order to qualify for a mortgage to buy a home, you'll need good credit, a pattern of paying your bills on time while still saving money and a maximum debt - to - income ratio — your gross monthly income compared to the minimum payments on all recurring debts — of 43 % or less.

Who is responsible for the physical act of paying bills on time (even if both contribute in some form)?

Bill Pay puts you in control of paying your bills on time, every time, without having to rush to the mailbox or remember to pay on various websites.

The thing that makes your credit score go up is a long history of paying your bills on time.

Why a good credit score is important Lenders use a credit score to improve the odds that they'll get their money back, and because so much of a credit score is based on a person's track record of paying bills on time and their indebtedness, a high credit score is confidence - inspiring.

Two years ago, I heard a Christmas sermon whose main thrust was the importance of paying bills on time.

If you have a habit of paying your bills on time (credit cards, auto loans, personal loans, etc.), you'll end up with an excellent score.

If you have at least a middling credit score plus a history of paying your bills on time, you should apply for a VA loan.

To be the ideal customer from the credit card company point of view, you should have a running balance that stays reasonably below your credit limit, combined with a history of paying your bills on time.

They serve as a designation of your risk level, and tell lenders whether you have a history of paying your bills on time and managing your credit well.

Payment History = 35 % of your score The most influential component of your FICO score is your record of paying bills on time

Mortgage lenders want to see a strong credit report that includes a history of paying bills on time, a low debt - to - income ratio, and no judgments or liens.

A history of paying bills on time, keeping credit cards under the assigned limit and maintaining unused available credit all contribute to a higher FICO score.

Such a score shows that you have a history of paying your bills on time.

If your credit score is low, start a new history of paying all you bills on time.

For instance, a habitual late payer is likely to pose a different risk than someone who lost his or her job but otherwise has a history of paying their bills on time.

This score shows lenders whether you have a history of paying your bills on time.

Establish a long history of paying your bills on time and using credit responsibly.

Most lenders will waive the mortgage insurance requirement if your LTV is less than 80 percent and you have a good history of paying your bills on time.

Your history of paying bills on time and your monthly debts determine your credit score, which can range from 300 (lowest) to 850 (highest).

If you have a long history of paying your bills on time, only applying for the credit you need, and you haven't neared your credit limit, you probably have a great credit score.

If you have a history of paying all your bills on time and you're not carrying a huge amount of debt, you'll likely be a good candidate for a loan.

If you have at least a middling credit score plus a history of paying your bills on time, you should apply for a VA loan.

The formula used to derive your FICO score is calculated by the subsequent 5 categories: - 35 %: History of paying bills on time?

A credit report is basically composed of your history of paying bills on time, and of how well you are able to handle your finances.

For that reason, while you may be open to helping a credit card first - timer, you should be wary of helping out someone who has a bad history of paying bills on time or who lacks sufficient income to be able to pay up each month.

Specifically, the company is interested in whether you have a history of paying your bills on time, how big of a savings cushion you've got in the bank, and what you can reasonably afford to pay based on your income.

To minimize this factor, establish a recent history of paying all bills on time.

Lenders want to know that you have a history of paying bills on time.