Paying Your Bills On Time Doesn’t Mean You Have Good Credit Scores!


so we’ve all heard it before just pay your bills on time and you’ll have great credit well does paying your bills on time mean that you’ll have good credit my name is Jesse Rodriguez and I am the author of the credit blueprint first you need to understand how your credit score is calculated the answer is no absolutely not paying your bills on time does not mean that you have good credit you know what paying your bills is really only thirty five percent of your overall credit score so next time someone tells you that don’t listen to them the rest of your credit score part of it is based on your debt ratio and that’s actually going to change to become more of the trend of how responsible you are with the balances on your credit cards ten percent is based on the mix of different credit accounts that you have you want to have different accounts fifteen percent is based on the overall and average length of your credit history and ten percent is based on new credit inquiries so now you know that paying your bills on time does not mean that you have good credit what do I recommend i recommend that you actually check your credit and if you’d like you can even schedule a free consultation with me by going to creditCEO.com i hope this was helpful and i look forward to helping you become the boss of your credit you

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