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Credit Scores

See How Credit Missteps Lower Your Credit Score

The company behind the popular FICO scoring model has published a “What If?” series for common, specific credit missteps.

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The fastest way to increase your credit score

As credit cards balances get close to their maximum limits, your score will start to drop. In fact, a single credit card at its maximum limit can lower someone’s credit score by 75-100 points.  This drop in a score can be the difference between a mortgage loan approval or denial, or add 2% to the [...]

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