Your credit score will rise and fall for a number of reasons, such as a recent missed or late payment, an application for new credit, or a change in your credit limit or usage.

The components that determine your credit scores are the most crucial facts to comprehend. Your payment history, duration of credit history, and the amount owing on debt accounts all have a greater influence on your credit score than any other factors.

Other factors, such as erroneous information on your credit report, may also have an impact on your credit ratings. Call me to learn the top seven causes of credit score drops and how to improve them.

The phone call and consultation are FREE, and the benefits are priceless.

-Dave