Credit Report, TrueCredit, TransUnion
Manage your credit. Manage your life.(SM)

 

The big three

You can improve your rates and save thousands on your loan by managing the three most important loan factors.

Credit score target - above 700
How to meet the target:

  • Clear inaccuracies from your credit reports

  • Pay your bills on time for at least 6 months
  • Avoid unnecessary applications for credit

  • Reduce your debts to below 35% of their credit limits

Debt-to-income ratio target - 20-30%
How to meet the target:

  • Pay off small loans

  • Reduce your credit card balances

  • Increase your income by co-signing with your spouse

Loan-to-value ratio target - less than 80%
How to meet the target:

  • Increase your down payment to at least 20% of your new home or car's value

  • Negotiate to reduce the price with the seller

  • Select a less expensive home or car to purchase