1st Choice Financial Consulting

01/05/2018

Happy Friday!!

Pay your debt in the order of the interest rate beginning with the highest first.  Pay off one balance at a time as you continue paying the minimum on your bala...

09/02/2017

Factors that could lower your credit score:

Not checking your credit report
Paying bills late
Having too many credit cards
Not paying the minimum balance
Keeping debt levels too high

08/30/2017

You should have a good mixture of credit such as, a mortgage, installment loan, and a revolving account. Having two years of positive payment history will continuously increase your credit score.

In maintaining great credit, do not use more than 30% of your available credit and pay your balance off every month.

When you open or close an account, this will decrease your score from ten to twenty points.