5 Tips to Help You Achieve a Perfect 850 Credit Score! 

Here are FIVE tips to help you achieve a perfect 850 Credit Score! 

1.) Set up auto-pay to avoid making late payments

Your payment history is the most heavily weighted part of your credit score. So if you're logging in each month to make payments, consider setting up auto-pay anyways to avoid making any late payments. In case you forget or get too busy.

2.) Don’t use more than 30% of your available credit

It is good practice to not use more than 30% of your available credit because it could cause your score to be lowered. 

3.) Establish a good credit history on all your accounts

Establish a good credit history on all your credit card accounts, which on average is 7 years or more. 

4.) Avoid a lot of hard inquiries in a short amount of time.

When you’re comparing home loan options, all inquiries within 30 days are considered as one inquiry. That is why it is important to avoid a lot of hard inquiries in a short amount of time and ensure you get the best home loan. 

5.) Have a healthy credit mix of revolving and installment accounts 

Having a healthy credit mix of revolving and installment accounts, demonstrates your ability to manage different types of debt. An example of a healthy credit mix is a mortgage, an auto loan, and 2 credit cards. 

If you’d like to learn more about improving your credit score, contact me today!