5 Tips to Improve Your CREDIT SCORE FAST + 1 BONUS Trick

How to Improve Your Credit Score FAST

#creditcards #creditscore

The number 1 tip you need to improve your credit score fast is to check it. you can check your credit score for free with services like credit karma or even through many credit card issuers like American express, discover and Citi bank.

The second tip is You want to check your credit report for inaccuracies. if for any reason you find incorrect amounts owed or delinquencies make sure you call your credit issuer to correctly report your account to the credit bureaus.

number 3 is Pay your bills on time. Always pay your bills on time. even if you’re only paying the minimum amount you still should always pay on time if not earlier. Also, if you accidentally missed a payment within the last 30 to 60 days and are able to pay the full balance, call your credit card company and tell them you want to pay your bill in full and ask them to reverse the delinquency report from the credit bureaus.

number 4 is Pay off credit card debt. always try to pay as much as you can every month to reduce your debt. Set a goal of having your debt not to be more than 30% of your credit limit. this means if you have a credit card with a 10,000 limit try your best to not put more than 3000 on it at any one given time.

Number 5 tip to improve your credit score is Open a new credit card. There’s always the misconception that opening a credit card will hurt your credit score. opening a new card may cause your score to drop by a couple of points but in the long run, it goes dramatically higher.

Number 6. the bonus tip that will probably improve your credit score the quickest is becoming an authorized user on a person’s account who has good credit. If you’re new to credit cards and don’t have several credit cards or enough income to open and manage credit cards. a great way is to ask your parents, assuming they have good credit… to add you as an authorized user on a credit card they’ve held for a long time with a high limit and no delinquencies. Becoming an authorized user allows you to adopt that person’s good credit right away!

If you’re a parent. I recommend that you add your children as authorized users to help them build good credit. but I also recommend that you don’t give your kids that credit card to use so they don’t ruin your credit score.
———-

Music
Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution 3.0 Unported— CC BY 3.0
http://creativecommons.org/licenses/b…
Music provided by Audio Library https://youtu.be/b6jK2t3lcRs

airplane icon – Item 2 | Vector Magz | Free Download Vector Graphics

The post 5 Tips to Improve Your CREDIT SCORE FAST + 1 BONUS Trick appeared first on Correct Success.