So I cant get my credit score into the 800s because I havent overloaded myself with debt. Based on your credit report data, this is a depiction of your credit worthiness. There are several factors taken into account that help determine your credit score. The factors making the largest impact are listed below. Remember that these factors vary in how strongly they impact your credit score. [+]The available credit on your open revolving credit accounts is too low. [+]Your oldest revolving credit account was opened too recently. [+]Your average credit amount on open real estate accounts is too low. [+]The amount paid on your open real estate accounts is too low. LOL... Should I pay more for my home or actually do a good job managing insurance/taxes and interest rate? I have more than 60K in equity in my home and apparently I need more debt. This is whats wrong with the credit reporting industry.
Posted on: Wed, 12 Mar 2014 11:00:04 +0000