In addition to not paying your bills on time, there are other factors
that can lower your credit score. If you are at or very near your credit
limit on your credit card(s), or if you have multiple revolving credit
accounts (like department store or gas credit accounts), your credit can
suffer. Creditors also look at your employment record to see if you’ve
switched jobs frequently or if you’ve maintained steady employment.
These days, many people have late mortgage payments, a short sale or a
foreclosure weighing down their credit score. If you have any of those
issues to contend with, it doesn’t automatically mean you can’t apply
for a loan; call me and we’ll discuss what I can do for you.
Although there are no quick fixes when it comes to improving your credit score, you can take steps to rebuild your score over time: