DO’S:

·         Pay and continue to pay all your bills (at least the “Minimum Payment” on Credit Cards) and loans on / or before the due time.

·         Look at each credit card’s Balance/(Line of Credit) ratio and pay as much as possible to reduce the unpaid balance to a point the that ratio becomes less that 30%.

·         Have a good cushion of available credit between your current balance and your credit limits on all open trades

·         Time-by-time, request a soft credit line increase. Typically, creditors can increase your line of credit a couple of hundreds or thousand dollars without running your credit report, if you have a good record or relationship with them for a year or so.

·         Use (charge at least some amounts) all your credit cards including those that you usually don’t use every month. And off course pay them on time.

·         Pay off smaller debts.

·          DON’T’S

·         Don’t be tempted to open a store charge card to receive discounts.

·         Don’t apply or accept any new Credit Card

·         Don’t apply “Hard” Line of Credit Increase.

·         Don’t apply for a new loan.

·         Don’t Allow anybody run your credit report,

·         Don’t Close any of your Credit Cards

·         Don’t purchase a major item and charge Credit Cards

·         Don’t let the ratio of Amount Owed to Credit Line be greater than 30% for each card.

·         Don’t be late paying your payments or obligations

·         Don’t Change or Quit your Job.

·         Pray not to get lay off, or at least try to see you can stay at your current job until after closing!

·         Don’t get involved in a law suit, accidents that might cause of law suits

·         Don’t file for Bankruptcy, foreclosure, short sale, etc.

·         Do not place “dispute” in your credit report. This causes more delay for approving a loan and could cause a higher interest rate.