March 9, 2013

Michael Petruccelli asks; What are some tips for giving your credit score a boost? (5)



Michael Petruccelli says;  Pay down credit card balances
The amount you owe makes up 30 percent of your credit score. In the video, Stacy suggests paying down your credit card balances to no more than 30 percent of your available credit limit. For example, if you have a $1,000 credit limit, don’t carry a balance higher than $300.