Tag Archive for: credit accounts

Don’t Close Out Credit Accounts or Trade Lines – Hurts Scores

We had a borrower yesterday who made $600,000 per year and he had almost no consumer debt or late payments…and his credit score was too low to get the Home […]Read More

Don’t Close Out Credit Cards; Open Accounts = Higher Scores

We recently pulled credit for a highly responsible borrower who makes great money, has no debt and pays cash for everything. The issue? He closed out all of his credit […]Read More