How to Boost Your Credit Borrowing Power
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In this video, Shonda Martin breaks down the concept of borrowing power and how it differs from your credit score. Learn about the factors that lenders consider when assessing your credit profile and discover practical tips to enhance your borrowing potential.

Timestamps:

[00:00](https://www.youtube.com/watch?t=0s&v=J8gHBYzbcg4)): Introduction to Borrowing Power

[00:20](https://www.youtube.com/watch?t=20s&v=J8gHBYzbcg4)): What is Borrowing Power?

[00:42](https://www.youtube.com/watch?t=42s&v=J8gHBYzbcg4)): Credit Score vs. Credit Profile

[01:09](https://www.youtube.com/watch?t=69s&v=J8gHBYzbcg4)): Importance of Credit Profile Over Credit Score

[01:32](https://www.youtube.com/watch?t=92s&v=J8gHBYzbcg4)): Factors Influencing Credit Approval

[02:11](https://www.youtube.com/watch?t=131s&v=J8gHBYzbcg4)): Impact of Late Payments on Credit Profile

[02:38](https://www.youtube.com/watch?t=158s&v=J8gHBYzbcg4)): Time Since Last Missed Payment

[03:38](https://www.youtube.com/watch?t=218s&v=J8gHBYzbcg4)): Hierarchy of Late Payments by Account Type

[04:19](https://www.youtube.com/watch?t=259s&v=J8gHBYzbcg4)): On-Time Payments and Credit Profile Quality

[05:22](https://www.youtube.com/watch?t=322s&v=J8gHBYzbcg4)): Achieving 500 On-Time Payments

[06:08](https://www.youtube.com/watch?t=368s&v=J8gHBYzbcg4)): Tiers of Borrowing Power

[06:28](https://www.youtube.com/watch?t=388s&v=J8gHBYzbcg4)): Strategy to Reach 500 On-Time Payments

[07:15](https://www.youtube.com/watch?t=435s&v=J8gHBYzbcg4)): Resilience of a Strong Credit Profile

[07:32](https://www.youtube.com/watch?t=452s&v=J8gHBYzbcg4)): Summary and Key Takeaways

Watch the full video to understand how to optimize your credit profile and increase your borrowing power. Don't forget to like, comment, and subscribe!

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