Presented by Daniel Toriola Credit repair companies can make major improvement to your credit score. The company that tells you, truthfully, that they cannot make ANY promises as far as results show, may not be as appealing as those who make wild promises. Click here to know more What Can 5 Bucks Get You? To Start with, 50Gb Web Space, 1 Terrabyte of Data Transfer /month, Unlimited emails IDs and more! Hosted on Blazing Speed Quad Core Servers Only. Click here to know more Excellent Tips For How To Increase Your Credit Score By Nathan Navachi Having a good credit rating today has become an important part of surviving and thriving in our society. From filling up your car with fuel to buying groceries, and even to buying a new house and furnishings, credit cards can facilitate all of this and more. Especially when it comes to getting a mortgage, your credit score is one of the most important aspects of judging whether you have competency in money management matters, and whether you can get a low interest rate. Revolving Debt and Credit Score Revolving debt is one of the most important aspects of your credit score, and in order to consistently keep your credit rating as high as possible it is wise to fully understand this concept. Credit agencies and banks have nearly full access to all of your credit history of borrowing money, since all major financial institutions will regularly report to the major credit agencies. To think that something will not show up on your credit report just because it is spread out over multiple credit cards is naive and it is not the way this industry works. Revolving debt is the percentage of your total amount of credit across all credit cards and loans, relative to the amount of money that you still need to pay back currently. For example, if you have five credit cards and a combined credit limit of $30,000, if you never used these credit cards or had them all completely paid off then your percentage of revolving debt would be 0%. This is seen as a good sign to banks and credit agencies, especially if you have been able to charge a lot of money and then pay it off fully and on time. But if however you rack up $25,000 dollars worth of charges and make only the minimum payments for a year, your percentage of revolving debt would be close to 85%. For most banks and credit companies, any ratio of revolving debt that is above 30% is a signal that you may not be a trustworthy borrower, especially if this percentage has stayed high for a very long time. The best way to keep your credit score high is to only make charges on your credit cards that you Increase Your Credit Score -Fast! Save THOUSANDS by correcting your credit errors. We show you how! Page 1 Presented by Daniel Toriola know you have the money to pay off right away. This way your percentage of revolving debt will stay as low as possible, and this combined with making your credit card payments on time will ensure that your score stays as high as possible. Nathan Navachi is an expert in the mortgage industry and offers his expert advice at http://MortgageRefinancingSolution.com Dedicated To Helping Your Score Soar! Our ebook & Super-Charged Credit Empowerment Pack is a tutorial that's formatted as a credit resource guide. Page 2 Presented by Daniel Toriola Your credit score may just been lowered By Mike Clover If your credit score was just lowered, how would you find out? There are so many avenues now to get your credit report it's actually pretty easy. But what if it actually was lowered to the point that it would really cost you on loans? This is where the constant stream of information is flowing about how important your credit score is these days. A credit score is so powerful these days that it has become the driving force of the lending industry. When it comes right down to it, all of this is the result of money. If someone loans you money and your credit score states you are low risk, then there is a pretty good chance that the bank will not need to worry about you defaulting. But in this article I wanted to discuss some matters that would affect your credit score. Applying for credit If you are going out applying for a bunch of credit, this will lower your credit score. The reason is the credit score risk models look at this type of activity in a negative way. The reason is it looks like you are applying for too much new credit which could be a risk to a creditor. The reason it look negative at this is because you could be acquiring too much debt too soon Late payments If you were just late on a payment that is with a creditor, you credit score was just destroyed. Late payments will affect your credit rating about 100 points. High credit card balances If you just went out and charged up your credit cards above 30% of allowed credit limit, you score just dropped. If you charged over the credit limit your credit score just dropped as well. Closing credit card accounts If you just closed one of your credit card accounts you just lowered your credit score. You really should not close out good credit unless there is a really good reason. This type of activity will lower your fico score. Not enough credit Maybe your credit score is not increasing because you don't have a mix of credit on your credit report. You should have a couple credit cards and maybe a auto loan. You credit score is calculated by your mix of credit and your activity with this credit. These are some quick tips on what could lower your credit score. Watch out for stuff like this, it will cost you. About the Author: Mike Clover is the owner of http://www.creditscorequick.com/ . CreditScoreQuick.com is the one of the most unique on-line resources for free credit score report, fico score, Internet identity theft software, secure credit cards, and a BlOG with a wealth of personal credit information. The information within this website is written by professionals that know about credit, and what determines ones credit worthiness. GolfTips Presents: Golf Like A Pro Real Golf Tips For REAL Golfers. Practical Tips You Can Use TODAY to Lower Your Score! Guaranteed To Improve Your Game. Page 3 Presented by Daniel Toriola Related eBooks: Your credit score may just been lowered 5 Easy and Quick Ways to Improve your Credit Score When You Are Eligible For A Free Credit Report Bad Credit Home Equity Line Of Credit FICO Score Simulators Online - An Overview Get more Free PDF eBooks at FreePDFeBooks.com Related Products: Faith Online Dating Secrets Revealed! Ebook Authors Interviewed Disaster Preparedness and Crime Protection Manual How Nice Guys, Shy Guys and Good Guys Finish First! Malamaal.com: A genuine resource center for Quality Ebooks and Softwares This PDF eBook is for free Distribution only, it cannot be SOLD Futures - An Introduction An ebook explaining how the futures markets work and includes a comprehensive glossary. Click here to know more Powered By FreePDFeBooks.com ReBrand this PDF eBook with your Name / URL / ClickBank Affiliate ID for Free Using Bonuses, Guarantees & Testimonials Easily Increase Sales and Improve Your Salesletters With These Simple Copywriting Tips and Techniques. Page 4