Black Married & Debt Free
7 Simple Ways to Boost Your Credit Score
"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.
Pay your bills on time.
Bring past due bill amounts up-to-date.
Lower a high credit utilization rate by paying down debt.
Avoid new credit card applications as this may lower your score.
Consider leaving certain accounts open after they have been paid off; just because it's open doesn't mean you have to use it.
Get a free copy of your credit report from annualcreditreport.com and dispute inaccuracies.
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.