The Three Best Ways To Improve Your Credit Score

You need good credit to obtain just about everything in life – a car, a home, and sometimes even employment! It doesn’t take much to cause a score to drop, but fortunately, there are many ways to improve a credit score as well. Understanding the basics of what a credit score is comprised of can help, but the main thing you need to improve your score is a bit of time and patience. Those things are sometimes hard to come by when you’re feeling under pressure, but they pay off dividends in the long run.

Pay all your bills on time, every month.
Keep a low debt-to-credit ratio.
Have a variety of loans, but don’t acquire them too quickly.

It’s not rocket science, but in the hustle and bustle of daily life, it becomes easy to let a payment slip by unnoticed by you. Your lender definitely notices, though! To avoid this, you can set up scheduled payments through your bank, usually for free, and that way you don’t have to worry about anything other than making sure you don’t overspend so that you have the funds available when they are drafted.
Debt-to-credit ratio is a “major impact” factor, but most people are wholly unaware of it. To break it down easily, it is how much credit you have spent compared to how much you actually have. For instance, if you have a credit card with a $15,000 limit, and you’ve charged all $15,000, you have 100% debt-to-credit ratio, and that isn’t good for your credit score. That also means you’re paying a ton of interest each month if you’re paying only minimum payments. The magic formula is to keep your ratio at less than 30% – so if you have a credit card with a $15,000 credit limit, don’t carry a balance of more than about $4,000, and less than that is even better. Its optimal to pay off your credit card every month. If you do pay off a credit card, don’t close it. Leave it open, because that available credit still shows on your credit report, and counts greatly in your favor.
Lenders also like to see that you can handle a variety of loans (auto, mortgage, credit card, student loan) but don’t acquire them all at the same time. That will be difficult for you on a personal level, but it will also lead to a bunch of inquiries into your credit, which can drop your score.

Hot Key West Business Opportunities

$20,000,000

101600 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 3,717 SqFt

$10,500,000

139 Seaside Avenue KEY LARGO, Florida

5 Beds 7 Baths 6,740 SqFt

$7,500,000

517 Duval & 518 Bahama Street KEY WEST, Florida

4 Baths 7,854 SqFt

$5,995,000

3428 Roosevelt Boulevard N 1,2,3,4,5,6 KEY WEST, Florida

7 Baths 8,046 SqFt

$5,990,000

112 Bounty Lane N KEY LARGO, Florida

5 Beds 5 Baths 4,822 SqFt 0.180 Acres

$4,800,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 4 Baths 7,706 SqFt

$4,749,000

100099 Overseas Highway KEY LARGO, Florida

2 Baths 4,680 SqFt

$3,995,000

30770 Overseas Highway Big Pine, Florida

12,560 SqFt

$3,750,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 SqFt

$3,699,000

10 Ocean Drive E MARATHON, Florida

5 Beds 3 Baths 2,832 SqFt 0.290 Acres

$3,600,000

96180 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 1,445 SqFt 0.960 Acres

$3,500,000

770 107th Street Ocean MARATHON, Florida

33,977 SqFt

$3,500,000

770 107Th St Ocean MARATHON, Florida

$3,250,000

101350 Overseas Highway KEY LARGO, Florida

2 Baths 6,674 SqFt

$3,100,000

155 Atlantic Circle Drive KEY LARGO, Florida

3 Beds 2 Baths 2,694 SqFt

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated with new properties every HOUR. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches:

Newest Key West Commercial Properties on the Market

Well priced office space at $145,000. Newer carpet, corner windows, the location is one block from the County Courthouse. The building offers a shared front lobby area, shared kitchenettes, multiple bathrooms, shared parking lot, and a conference room. The office is located upstairs near the backstairs. Low condo fee which includes utilities.

$145,000 Active

302 Southard Street 207 KEY WEST, Florida

4 Baths

Prime Commercial Real Estate in Big Pine Key. The property offers 125 footage on US1 and 200 feet deep. With access from the front of the building to the back. Back of the property is fenced with extra storage facilities. Metal building, metal roof, two half baths, two lofts, front office space.

$1,545,000 Active

31133 Ave A Big Pine, Florida

2 Baths 2,460 SqFt

Come and Use this precious space at a prime location! There is so much foot traffic in this area. Your business here at 300 Southard Street Unit 103 is at a Great location. Parking space provided as well. Renting for $950. Ideal spot right by Truman Annex and in between Southard Street and Thomas Street.

$950 Active

300 Southard Street 103 KEY WEST, Florida

5 Baths 135 SqFt

Hard to find office space available at Conch Harbor Retail Center. Suitable for office, at the corner of Caroline and Grinnell Streets. Men and Women's bathrooms, outdoor seating in courtyard. Neighbors include Prime 951 Steakhouse, Dante's Pool Bar and Restaurant and West Marine. Sales tax is in addition to rent quoted, minimum one-year lease.

$4,328.33 Active

951 Caroline Street 207 KEY WEST, Florida

2 Baths

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