Let’s look at another couple. They have a modest five figure income. They have six credit cards. Their credit limits total $39,000. They owe $27,000 on their cards. Over the last three years they have a total of six 30 day late payments. Their credit scores are low because the two areas in which they have made mistakes represent 65% of their credit score.

When many couples like the first one get knowledge of how the scoring system works they start to pay down their debts and get their scores up in a short time. The second type of couples that do not get the revelation of this 65% factor, don’t have the money to pay down their debt. They can be in a financial bind for a long time. If you would like to talk  call 313-744-5977 or send an e-mail to [email protected], to start getting that financial knife out of your back.