Wondering how you will finance your next big investment? The follow article should provide you with a few avenues you can take to improve your credit score, consulting lenders and qualifying for nonconventional loan programs.
- Pay debts off and old bills in full
- Start paying all of your bills on time
- Attempt to keep your credit card debt to “25% or less of your credit line on each card” (1)
- No new lines of credit
- Don’t close any credit card accounts, to avoid using a “higher percentage of your overall credit limit” (1)
CONSULT A LENDER
Lenders can tell you minimum credit scores that you need in order to qualify for particular loan programs. Loans that are FHA-insured will have lower credit score requirements compared to…