Contact us: 563.441.1776
Ruhl&Ruhl REALTORS
RSS Feed
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 12 Posts
- 2025 | 47 Posts
- 2024 | 39 Posts
- 2023 | 35 Posts
- 2022 | 58 Posts
- 2021 | 13 Posts
- 2020 | 25 Posts
- 2019 | 11 Posts
- 2018 | 1 Posts
- 2017 | 42 Posts
- 2016 | 66 Posts
- 2015 | 24 Posts
- 2014 | 64 Posts
- 2013 | 44 Posts
- 2012 | 38 Posts
- 2011 | 79 Posts
- 2010 | 38 Posts
- 2009 | 35 Posts
- 2008 | 1 Posts
Buying a Home | 87 Posts
Career in Real Estate | 7 Posts
Community Events & Activities | 92 Posts
Company Events | 19 Posts
COVID-19 | 4 Posts
Facts and Trends | 17 Posts
Farm and Land | 19 Posts
Featured Properties | 14 Posts
Home Price Appreciation | 18 Posts
Home Tips & Tricks | 21 Posts
Homeownership | 20 Posts
Market Updates | 47 Posts
Mortgage Rates | 3 Posts
NAR Survey | 4 Posts
Nelson Brothers | 2 Posts
New Construction | 17 Posts
Other Related News | 91 Posts
Parade of Homes | 11 Posts
Power Broker Survey | 1 Posts
Press Releases & Interviews | 46 Posts
Quad Cities | 3 Posts
Recognition | 44 Posts
Ruhl Commercial | 4 Posts
Ruhl Mortgage | 30 Posts
Selling a Home | 61 Posts
Why Realtors? | 5 Posts
July
25
25
10 Ways to Improve Your Credit Score
Inman.com recently published the 10 ways homebuyers can improve their credit scores, and we wanted to pass the information along because we know the mortgage process can be difficult to understand. You never know when the perfect home will come along on ruhlhomes.com, so you may need to have your finances ready to buy at any time. Below you'll find the 10 general tips that Inman.com suggests to help ease the process of acquiring a home loan by improving credit scores.
- Always pay on time: "No lender likes to lend money to an individual who has a repeated record of missing his payments."
- Keep your credit owed within limits: "A good ratio is not having your unsecured credit outstanding above 50 percent of your annual salary."
- Always pay your dues on time, in full: This carries almost a 40 percent weight on your score. Plus, "why should you suffer unnecessary late payment charges and interest?"
- Use two credit cards if you are a definite credit card spender: "FICE does not consider spending money on two credit cards as one. But if you have two credit cards, you can keep your usage percentage in control."
- Maintain a good mix of good and bad loans - AKA a healthy credit mix: "Home loans and business loans are considered good loans. Personal loans and credit are considered bad loans."
- Pay high-interest loans and small loans first: "Pay off your personal loans, credit cards and private loans first, as they tend to have a higher interest (typically 15 percent to 36 percent) with no asset creation."
- Close your unwanted savings accounts: "Many people tend to abandon their savings accounts without closing them. If you have less than your Minimum Average Balance, it will start to affect your credit score."
- Check your credit reports regularly: "You can obtain them from the official FICO site. Just pay online and check your credit score at least once a year, so that you can seek clarification on any mistake and have it sorted."
- Monitor your co-signed joint accounts properly: "Be careful when dealing with someone outside your close family. You need to monitor the statements closely to make sure everything is in order."
- Negotiate if you cannot pay on time: "If you know you will not be able to pay on time, negotiate with your bank. Banks will be willing to extend your loan period and reduce your equated monthly installment if they see a genuine customer."
This site is hosted, designed and copyright© 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --