7 Simple Ways to Boost Your Credit Score

#Creditscore

"A good credit score hurt my finances" said no one.

There are times when having a good credit score really pays off. For example, buying a first home or applying for financing on a rental property.

Here are seven simple tips to see positive changes to your score.

1. Pay your bills on time.

2. Bring past due bill amounts up-to-date.

3. Lower a high credit utilization rate by paying down debt.

4. Avoid new credit card applications as this may lower your score.

5. Consider leaving certain accounts open after they have been paid off; just because it's open doesn't mean you have to use it.

6. Get a free copy of your credit report from annualcreditreport.com and dispute inaccuracies.

7. Build an emergency fund to reduce the need for credit cards.

Here's how we boosted our credit score:

What strategies have you used to boost your credit score?

Share them below.