Office:
Long Realty
10602 Camino Del Sol
YUMA, AZ 85367

Office Phone:
(928) 342-1033

Cell Phone:
(928) 503-0110

Fax:
(928) 342-6242

Click here to send
us an email

5 Factors that Decide Your Credit Score

Scores range between 200 and 800. Scores above 620 are considered desirable for obtaining a mortgage. These factors will affect your score.

1. Your Payment History. Whether you paid credit card obligations on time.


2. How Much You Owe. Owing a great deal of money on numerous accounts can indicate that you are overextended.


3. The Length of Your Credit History. In general the longer the better.


4. How Much New Credit You Have. New credit, either installment payments or new credit cards, are considered more risky, even if you pay promptly.


5. The Types of Credit You Use. Generally, it's desirable to have more than one type of credit--installment loans, credit cards, and a mortgage, for example.