Great credit tips from Ken Strey

There are many ways you may inadvertently lower your credit score.

 

One way is renting a car with a debit card. Paying for a car rental with a debit card can actually HURT your credit rating. The reason is that most rental contracts give the rental car company the right to check your credit rating if you use a debit card instead of a credit card. Each time someone checks your credit rating, it’s a negative – just like if you are seeking a loan.

 

Here are other innocent actions you may take that may also damage your credit score:

 

- Closing a Credit Card with a Zero Balance

- Having a Credit Card Company Not Report Your Credit Limits

- Paying off an old debt or an account in collection

- Having multiple names listed in your credit reports

 

** Would you like to discuss your personal credit ?

 

** Do you know of anyone who might benefit from speaking with me ?

 

Thanks again for your business and trust.

 

Regards,

 

Ken Strey

 

Scorewell, Inc

 

Empowering People to Live Extraordinary Lives

 

 

Phone : 925-478-4732

 

kenstrey@scorewellinc.com

 

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