Two Scenarios to be Avoided:

1.    Avoid the high ratios.
2.    Avoid the risky loan.

Avoid a high-risk loan; it will keep your scores excruciatingly low while creating a yo-yo affect in a low score bracket. It will not help get your scores where they need to be in order to achieve low interest rates and save tons of money.

If you absolutely need to have a higher balance on a credit card, then get the credit limit raised before you need it.

You know why; just do it.

Let’s repeat this again and again…

Avoid risky loans and keep balances low!
Avoid risky loans and keep balances low!
Avoid risky loans and keep balances low!

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Quote

If you think nobody cares if you’re alive, try missing a couple of car payments.

-Earl Wilson-

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Quote

Nothing so cements and holds together all the parts of society as faith or credit, which can never be kept up unless men are under some force or necessity of honestly paying what they owe to one another.

-Cicero-

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