Did you know that 35% of your credit score is from payment history?
Hi, I'm Danielle Scott with Keller Williams Realty.
So, here's secret number one, pay your bills on time.
Number two, only use 30% of the capacity of your credit cards. For example, if you have a credit limit of $5000, you should only use up to $1500 of credit, and keep $3500 that is unused.
Secret number three is that 10% of your credit score is based on inquiries and past applications.
So let's add that up. 75% of your total credit score is based upon these three things. Pay your bills on time, keep cards at 30% capacity, and don't have too many inquiries.
These tips alone will help to dramatically maximize your credit score.
I'm Danielle Scott. Please share this video if you think it can benefit anyone else. Have a great day.
If you have any questions or would like recommendations for lenders, please feel free to reach out to me!