Thursday, October 13, 2011

Keeping Up Your Credit Score

How do you keep up your credit score?

About one third of a personal credit score is composed of each of the following:

1) The amounts you owe to other loan companies.

2) Your past payment history.

3) Various miscellaneous but important credit related items.

This third part is composed of about equal portions each of the type of debt you may have, along with your credit history and the new accounts or queries about debt you now have.

Check your credit account often. Check the accuracy of the information. If there are errors, get them corrected, fast. ( See the Earl J Weinreb NewsHole® comments.)

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