People ask me all the time what exactly adjusts your credit score. Well, the correct answer is that “nobody knows”. Oh, I’m sure the boys at Experian, Trans Union and Equifax know. But that is about it.
But there is quite a bit of speculation out there on some topics. A mortgage lender recently sent me a list of 32 Facts About Your Credit Score sheet. If you would like a copy simply email me at email@example.com. Just state that is what you are looking for.
And if you don’t want to bother asking for the sheet you can just google an answer. But you know what you need to do; Don’t take out more credit than you need. Don’t forget to pay it back!