Credit score tips
Wednesday, December 19th, 2007Your credit score is a 620 and your wife’s fico score is a 643. If your score falls during your application process, there is the possibility you will not be able to refinance into a favorable program.
My advice is:
- Don’t apply for new credit of any kind. Applications for new credit drop your score.
- Do not run your balances on credit cards any higher than what they are currently. Even if you make every payment on time, credit scores can drop if balances go up.
- Don’t miss any scheduled payments. This is the biggest one to watch.
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