1. Monday, October 7, 2013 - 7:56 AM
The amount you owe represents some 30 percent of your credit score points, which is the second largest contributor to your credit score.
2. Monday, April 14, 2014 - 3:36 PM
I wonder how much can personal consumer loans influence my credit history in the positive or in the negative way. There is an opinion that such kind of loans may be very helpful in restoring the credit score. Is it right?
1 posts since
Apr 3, 2014
Rep Points: 2
3. Monday, April 14, 2014 - 4:30 PM
I have never really paid attention to how one gets the best credit score since the only loan we have ever had was on our former paid off home. Isn't it more important to have a higher score if you think you will be needing loans? I just make sure that whatever we charge can be paid off fully every billing cycle.
1,140 posts since
Aug 10, 2011
Rep Points: 5,078