5 Ways to Boost Your Credit Score

Your credit score plays a significant role in your home-buying experience.
Here are a handful of ways you can give that score a boost!

Pay bills on time

About 35% of your FICO score is made up of the timely payments of your credit accounts, so focus on paying your bills on time. Using auto-pay to tend to your bills may help you avoid late payments.

Check credit reports & fix errors

It costs nothing to check your credit report, so head to AnnualCreditReport.com and request a report today. Then, check for any inconsistencies and contact your credit card company to correct them.

Reduce credit card debt

It is absolutely helpful to pay off or pay down revolving debt when looking to up your credit score. Begin by paying down the cards that are using higher limit amounts, and go from there. Your credit score will thank you!

Responsibly manage your credit cards & accounts

It is fabulous to have varying types of revolving debt accounts as long as you are being responsible in managing them. Absolutely avoid maxing out your accounts, keep your paid-off cards open, avoid opening multiple accounts in a short span of time, and keep balances low.

Re-establish credit history

Much of your negative credit history can be re-established with good credit. So be responsible in opening new accounts, actively pay them down or off, and prove that you can manage your debt well.

 

Follow these steps and you’ll be boosting your credit in no time!


Looking for more information concerning your credit score?
Contact us to speak to one of our friendly and knowledgeable staff.