Posts Tagged "factors"

Getting your credit scores before buying a car

Dear Experian,

I’m buying a car and would like to know my credit score. How can I obtain this before shopping?

– NTS

Credit card balance can affect credit scores even if paid in full each month

Dear Experian,

My credit score factors say “amount owed on revolving accounts is too high,” but I pay the balances off every month. I make more than $1 million per year and have no debt at all. Please explain why this is a factor in my score.

– TRZ

Utilization rate may be cause for lower scores when you have few accounts or low credit limits

Dear Experian,

I only have one debt which is less than $1,000. I also have two credit cards. Together they have a balance of about $2,000 each month, but I pay them off monthly. Why isn’t my credit score higher?

– KCE

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