Newbie in Montgomery County MD

2 Replies

Hi All,

Just came across and joined this site today. I am new to MD and looking into ways to:

1 - decrease debt

2) increase FICO score

3) save money

4) buy my first home

I look forward to chatting with you all.

Hello and Welcome to the forum.

All four of your items are interconnected.

You must reduce your debt to have a better FICO score so that you can save money to buy a house. That pretty much sums it up.

How do you reduce your debt and raise your FICO score? Pay off your debt and do not add extra debt.

How do you save money? Pay yourself first and eliminate extra expenses.

Hello and welcome to the forum.

Well said Chris.

Items 1 and 2 are directly proportional to each other. Less credit utilization = Lower Debt = Higher FICO score.

Everyone here we'll do there best to help.

Good Luck,


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