The third step is paying off all your debts that are two years old or newer. Most lenders will look at all your debt from the past. They will look mostly at your debts that are two years and newer. Paying your debt off completely will not just add more points to your over all credit score it will also lower you debt to income ratio which is another thing that lenders look at.Doing the above will greatly increase your credit score and increase you chances of getting approved.Find out more and make a plan and good luck. There is no claim here. To learn more to improve your situation contact your own banker and or lender for more advise. Following any of this advise is at your own discretion.
