Credit is important when buying your home.
Here are 3 Tips to get you a Good Credit Score.
Tip #1: Payment History
The biggest part of having good credit scores is paying your accounts on time. Start paying on time for 3 months and your score will improve.
Tip #2: Too Much Debt
Do not use your credit cards to the limit. This will bring your credit score down. Try not to use more than 30% of your credit limit. If you do that your credit score will start to go up.
Tip #3: Diversification
You should have different types of accounts. You want loans and credit cards. This shows banks you know how to handle different types of credit accounts. You score will go up and more banks will approve you.
Do You Have an ITIN?
Here Is How To Get Your Credit Started with a ITIN:
An Individual Taxpayer Identification Number (ITIN) is issued to an individual for tax purposes. These numbers, if used, would be recognized as an invalid Social Security number on your credit report.
If you do not have an SSN, you can submit your request for a free credit report in writing. Please include one copy of a government-issued identification card, such as a driver’s license, state ID card or similar displaying your current address, and one copy of a current utility bill, bank statement, insurance statement or similar.
Please also include the following identification information:
- Your full name including middle initial (and generation – Jr., II, III)
- Social Security number
- Date of birth
- Complete addresses for the past two years
Send your request to:
Experian
P.O. Box 9701
Allen, TX 75013
This will create your credit report with your ITIN. Please wait a few weeks for your information to be processed.
If you need any help, please contact us:
