who formerly worked at credit bureau Equifax and credit score developer FICO.
In addition, you need to be careful with how you use credit cards—these consumers consistently pay off their balances and maintain a low credit limit to balance relationship, a.k.a credit utilization ratio. Horrell says that while she usually pays off her cards’ entire balances each month, having autopay cover at least the minimum provides a fail safe. It’s “a safety net in case we get distracted or something comes up,” she adds.Credit expert John Ulzheimer started consistently hitting an 850 credit score when he was in his 40s. One of the biggest keys to his success, he says, was patience.
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