Credit History - Why you need to maintain a good scoring.
Pay at least the minimum balance on time ALWAYS
If you’re not using a credit facility, close it. It doesn’t help your score if you’re not using it.
Not dealing with a problem with a creditor. This could be identity theft, a disputed purchase, or an error in reporting. The faster you deal with it (pay it, get supporting documentation for it, or report it as incorrect), the more responsible you seem.
Paying late because you’re trying to pay the entire amount in one shot
Got questions about what your credit report is showing, or need help understanding it? Give us a call: 416-241-6000.
Sherwood Mortgage Group