How to improve your credit

I get calls everyday from potential buyers asking me to check their credit. What lenders are looking for in a credit profile has changed and the word is not really out. A lender is looking for at least 3 active credit tradelines that have been open for at least 12 months.

For a little while we heard close your credit cards you aren't using. Well now that is not the case. Even if you rarely use a store credit card it is probably better to just leave it open showing that you have good credit with that store. The other major change is never use more than 30% of the credit limit that you do have with a charge. That means if you have a 1000.00 credit limit don't charge more than 300.00 and then pay the balance in full every month.