The Mortgage Professor has a great article about credit scores.  Here’s a short example:

How does one manage credit cards so as to generate the highest possible credit score?

Avoid delinquent payments and maintain low utilization ratios. Delinquent payments reduce your score. Eliminating the delinquency does not restore your score to where it was, it merely prevents a further decline…

Interested in more? Click on over to The Mortgage Professor.  When you’re ready to buy, Pyramis can help you! Did you know that we’re a full-service real estate office?  Anything the national brands can do, so can we!  The difference is that we can offer you much more personalized service.  Contact us to help you with your next purchase.