San Joaquin Homes Community Blog

Many consumers make common mistakes concerning their credit score.  Common misperceptions include closing credit card accounts to decrease the amount of credit available, and maintaining zero balances on open, unused credit cards.   Experts advise consumers to keep credit cards open, but to limit the outstanding balance to less than 50 percent of the available credit.  This helps demonstrate to lenders that the consumer is financially responsible and capable of making payments. 

Norbert G. Huston

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