Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

Credit Utilization

Posted by Mastura Zaini-Roberts on Tuesday, August 21st, 2018 at 9:39am.

Credit: www.mycreditguy.com

"When I see credit reports with lower scores, there is almost always one factor in common, high credit card utilization. Check out this quick video that will talk about how the credit scoring algorithm factors in your "balance to limit ratio" and how you can actually use this to your advantage in order to QUICKLY increase your credit score! Did you know that your score can drop up to 100 points just by maxing out ONE credit card?" 

Mastura Roberts
(702) 919-5400
offers@greatlasvegashomes.com

Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052

With over 30 years of experience helping families call Las Vegas "home!"



Related Blog Posts

Mortgage Debt Relief Act Stalled in Congress!

According to Mark Stark, owner of Prudential Americana LLC (one of the largest Prudential franchisees in the country), the Las Vegas real estate market has made a full return to traditional sales. In February 2014, bank foreclosures and short sales combined only made up a meager 14% of total closed transactions. This i...

Agents sell homes for more than FSBOs: study

Contradicting previous research, new study finds FSBOs sell at discount   Key Takeaways Agents tend to achieve higher sales prices for properties than comparable FSBO listings, enough to offset their commission fee, according to a recent analysis. Academic research has often cast dou...

Buying Vs Renting 38% Cheaper in Today's Market

The latest statistics are in: with interest rates hovering around 4.5% for a 30-year fixed rate mortgage, buying is 38% cheaper than renting as a national average, down from being 44% cheaper one year ago. For example, if your rent is currently $1200 per month and you purchase a $175k home with a 3.5% down payment at a...

Canadians: Use Your Home Equity to Buy a Vacation Home in Vegas!

So you’re from Canada, eh? And to get out of the bitter cold winters, you want to buy real estate in Las Vegas.  We all know how hard it is for Canadians to obtain a mortgage in the US nowadays. Las Vegas mortgage lenders restrict property purchases by foreign nationals to one vacation/second home with a down paymen...

Lake Las Vegas Rises from the Ashes

Like the mythical Phoenix, Lake Las Vegas is rising from the ashes of the real estate melt down. Still the most unique and beautiful of any of the Las Vegas master planned communities, Lake Las Vegas stands like a Tuscan mirage in the middle of the desert, and once again new home builders are taking the plunge to put i...

Leave a Comment

Have a Question?

Contact Us

Follow Us