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July 2006
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Archive for July, 2006

credit score
Kaytee asked:


My current credit score is 745 and I’ve built it solely by using credit cards and paying on time (but never had any loans). Somebody told me that the abscence of installement-paid loan will prevent my score from climbing much higher. Is it true? Should I take some consumer loan to boost my credit score since I am planning to apply for a mortgage in the near future?

India Kirch
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credit score
LJ asked:


I am wanting to purchase a house, but I don’t want to look into financing until I find something I like. I am afraid my credit score will be reduced if I start asking banks to review my credit.

Brian Efron
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