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

Here's What a Mediocre Credit Score Might Cost You on Your Mortgage

A lackluster credit score could bring up your interest rate and set the stage for years of higher payments. But if you work on improving your score, you'll end up paying less for your home loan. Many of us don't pay attention to our credit scores until the time comes to borrow money. But what you may not kno...

The Big Challenges Home Buyers Face in 2017

What are the top challenges your home buyers face this year? A recent survey from realtor.com® reveals the following: 1. Low inventories: There aren’t enough homes for sale and inventory woes are expected to worsen this year. Active inventory in December 2016 on realtor.com® dropped 11 percent compa...

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...

What is Your Motivation to Sell?

Often times, selling your home can be an emotionally exhausting experience. As homeowners, you will accumulate so many memories, hopefully, happy and perhaps some poignant. Some of your most cherished memories could be starting a family and bringing your new baby home, or those numerous family and friends gathering for...

AGENTS SEE GROWING DEMAND AS MORTGAGE RATES PLUMMET

Agents across the US are getting calls from would-be clients who realize buying is suddenly getting cheaper Like an avalanche growing larger as it tumbles down a mountain, real estate agents are seeing swelling demand from buyers as mortgage interest ratesplummet and — contrary to what some observers previo...

Leave a Comment

Have a Question?

Contact Us

Follow Us