Comments on: FICO Scores and your credit makeup http://www.biggerpockets.com/renewsblog/2005/07/19/fico-scores-and-your-credit-makeup/ Learn, Network, Invest Sat, 11 Feb 2012 16:57:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Kylehttp://www.biggerpockets.com/renewsblog/2005/07/19/fico-scores-and-your-credit-makeup/#comment-59393 Kyle Sun, 17 Aug 2008 22:50:24 +0000 http://biggerpockets.com/renewsblog/index.php/2005/07/19/fico-scores-and-your-credit-makeup/#comment-59393 Your credit mix can be another thing that might negatively effect your FICO score. You are supposed to try to get a healthy mix of credit. What that is not defined, but having 20 credit cards is not one. You will be better off if you have an auto loan, two credit cards, and a mortgage. Your credit mix can be another thing that might negatively effect your FICO score. You are supposed to try to get a healthy mix of credit. What that is not defined, but having 20 credit cards is not one. You will be better off if you have an auto loan, two credit cards, and a mortgage.

]]> By: Chihuahua teacuphttp://www.biggerpockets.com/renewsblog/2005/07/19/fico-scores-and-your-credit-makeup/#comment-55019 Chihuahua teacup Tue, 04 Mar 2008 20:47:57 +0000 http://biggerpockets.com/renewsblog/index.php/2005/07/19/fico-scores-and-your-credit-makeup/#comment-55019 wish i had come across this before...brill advice wish i had come across this before…brill advice

]]> By: Dustin Callahanhttp://www.biggerpockets.com/renewsblog/2005/07/19/fico-scores-and-your-credit-makeup/#comment-54444 Dustin Callahan Sat, 09 Feb 2008 10:01:00 +0000 http://biggerpockets.com/renewsblog/index.php/2005/07/19/fico-scores-and-your-credit-makeup/#comment-54444 What about business credit? If an LLC builds up good business credit can't loans be taken out in the name of the business without your personal FICO score having anything to do with the loan. What about business credit? If an LLC builds up good business credit can’t loans be taken out in the name of the business without your personal FICO score having anything to do with the loan.

]]> By: Onghttp://www.biggerpockets.com/renewsblog/2005/07/19/fico-scores-and-your-credit-makeup/#comment-53174 Ong Wed, 26 Dec 2007 07:53:32 +0000 http://biggerpockets.com/renewsblog/index.php/2005/07/19/fico-scores-and-your-credit-makeup/#comment-53174 Great information, you provided here, I do not have a good credit. It's good to have a good credit in order for the lenders to see you as credit worthiness.Thanks. Great information, you provided here, I do not have a good credit.
It’s good to have a good credit in order for the lenders to see you as credit worthiness.

Thanks.

]]> By: Steve "The Debt Settlement Man" Bhttp://www.biggerpockets.com/renewsblog/2005/07/19/fico-scores-and-your-credit-makeup/#comment-50425 Steve "The Debt Settlement Man" B Tue, 17 Jul 2007 20:13:08 +0000 http://biggerpockets.com/renewsblog/index.php/2005/07/19/fico-scores-and-your-credit-makeup/#comment-50425 great post. when it comes to your credit score the hard nut to crack as far as raising the score is the 30% debt to credit limit ratio (amounts owed) which through minimum payments can take 20-30+ years. as far as your payment histroy is concerned any negative remarks will not have much of a negative bearing on your score after 24 months. you fico score is supposed to be a snapshot in time of your current creditworthiness and they use the last 2 years of your history to determine your current credit score great post. when it comes to your credit score the hard nut to crack as far as raising the score is the 30% debt to credit limit ratio (amounts owed) which through minimum payments can take 20-30+ years. as far as your payment histroy is concerned any negative remarks will not have much of a negative bearing on your score after 24 months. you fico score is supposed to be a snapshot in time of your current creditworthiness and they use the last 2 years of your history to determine your current credit score

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