Mortgage Mistakes: Credit Card Capacity|Limit Vs Utilization or amount owed

You can have NO missed payments ever and still have a low credit score. Why? Having too high a balance on your credit card in proportion to the credit limit is a sure way to drive your credit score down.

Marcel Deitrich
Guaranteed Rate
972.672.3246
NMLS #231135
mdeitrich@rate.com

Equal Opportunity Lender

Credit,Credit Card,Credit Score,Credit Card Capacity,Credit Limit,Credit Utilization,Mortgage,Texas,Dallas,Frisco,