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Credit scoring feels such as for instance a frustrating game – falls can be sudden and you can quick, and climbing was a reduced slog.

Actually, “most of the scoring patterns and you will loan providers are seeking to perform the exact same procedure, that is to minimize exposure,” says Jeff Richardson, elder vice president out-of income and you may communications to possess VantageScore, one of the one or two leading credit rating people. According to him loan providers pick such things as lost money and you may large balance since signs out-of exposure.

The traditional recommendations out of purchasing timely and remaining balances lowest at some point trigger decent borrowing from the bank.