ConsumerWatch: Avoid credit score killers
News from WTVM:

By Zaneta Lowe  – bio | email 

COLUMBUS, GA (WTVM) – Cell phone companies, insurance providers, and your landlord.

What do these three have in common?  They all check your credit score to see how likely you are to pay your bills.  Of course, as a consumer, you need a good credit score to get better rates on mortgages, cars, credit cards.

But what makes up that score?  Here’s a break down from  Payment history accounts for the majority, or 35% of your score.  So the number one credit score killer? Making repeated late payments.  Experts say you can deduct up to 200 points for three or more missed due dates within a year.  The solution, whatever you do, pay your bills on time.

Another 30% of your score represents the amounts you owe.  This inclu…………… continues on WTVM
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Related News:

Senator: Ban Credit Check for Job Applicants – WCTV
News from Senator: Ban Credit Check for Job Applicants – WCTV:

  • by Anonymous on Sep 20, 2011 at 06:20 PM

    were trying to get a job not buy the place..

    You have successfully replied to this comment.

  • by End crocked government hiring practices Location: Florida on Sep 20, 2011 at 04:13 PM

    What does is matter? A State policing agency Florida Department of Legal Affairs knowingly hired an Administrative Secretary who had previously been convicted of writing bad checks now to handle tens of thousands of dollars of taxpayer money for a State lawyer. You got it, she was more qualified than equally experienced, honest trustworthy candidate. State agencies are hiring felon…………… continues on Senator: Ban Credit Check for Job Applicants – WCTV

… Read the full article

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