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Question By
silverwing1

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0 People Helped
why after years of on time mortgage payments my credit score is not going up
i've been making on time mortgage payments for over 7 years and my c/s hasn't gone up.

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Top Contributor
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Is the mortgage firm reflecting your timely payments?   Your score doesn't go up per payment.  The computation is based on percent of loan balance compared to original loan amount.   If you are only paying the minimum payment on your mortgage, your percent is still probably high.   The higher your score, the more slowly the increases will be.   You've already gotten your boost from age ot accounts as well as overcame your initial reduction for getting the loan.  Just continue making your timely payments and pay more than the requested amount each month to drive the principle even lower.   Look to the other factors on your credit report and ensure they are in compliance.  IE: a 40% Utilization on credit cards could be negating any mortgage benefit.

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