Our FICO score uses algorithms that take into consideration multiple aspects of your financial world. Too many credit cards, too few credit cards, total credit issued vs current credit available, plus others. Not sure where you stand? Contact LMG Financial Solutions for your free consultation at 201 297-7600.
It’s amazing that when we are trying to maintain limited debt and stay within budget, we are bombarded with offers to open additional credit cards. We receive introductory offers that act as a tease rate. Watch out as their finance rates can soar quickly. Miss one payment and that 0% rate can zoom sky wood. As your financial advisor, we will help you navigate the various financial products available in today’s market.