Your credit report Savannah

Red flags start waving when you take on more credit -- or even just apply for new credit -- in a short period of time. This is one area where good habits can work against you. If you prove yourself a reliable bill payer, charge card issuers will be quick to offer additional credit. Future lenders, however, may not take kindly to all this readily available credit. Some fear you will use it to go on a spending binge, quickly undermining standard calculations for determining how much additional debt you can shoulder. This area of credit management carries a 10% weight on your overall credit score. business credit reports free When you shop for new credit (your credit report Savannah such as a home loan), try to do so in a concentrated your credit report Savannah period of time. FICO distinguishes a search for a single loan and requests for many new credit lines.

(Note your credit report Savannah that requesting a copy of your own credit report does not affect your credit report Savannah your score.) If you've had trouble with this area in the past, you can boost your score by re-establishing credit (not too much credit, though!) and making on-time payments. credit report free no credit card Types of credit include credit cards, retail accounts, and installment loans (like car loans and mortgages).

Your use -- or over-use -- of these has a 10% impact on your overall score. Though you may be tempted to show what a good borrower you are by using all types of credit, your credit report Savannah more is not always better in the eyes of credit scorers.

If you have had no credit, lenders will consider you a higher risk than someone who has managed credit cards responsibly. What happens to your credit score when you max out or miss a payment, or even pay your balance in full? best free credit reports