How To Improve Your Credit Score?

Having a bad credit score can make your life a lot more complicated and stressful than it needs to be. A bad credit score will not only increase the interest rate on any debt you hold, it’ll also make it much harder to receive approval for vital rental or mortgage applications.

Fortunately, the process of boosting your credit score has never been easier. To get you started on the right track, we’ve listed three key tips on how to improve your credit score.

1. Get a Copy of your Credit Report

Don’t worry, it’s free – just visit https://www.annualcreditreport.com/index.action. Once you have a copy of your credit report, set aside an hour (or two) to carefully review the report for incorrect or fraudulent accounts. If you find any errors, successfully disputing and clearing the mistaken charges can go a long way towards repairing your credit score.

2. Pay Your Credit Card Bills First

If you want to improve your credit score, it’s essential that you start chipping away at your debt and begin paying all of your bills on time. However, in terms of payment priority, the most important bill to keep track of is your credit card. In addition to paying your credit card bills on time, make sure you’re also curbing your credit card spending habits and paying off any credit card debt.

3. Reach Out to a Trustworthy Credit Counselor

If you’re facing bankruptcy or living between paychecks, there’s absolutely no shame in getting help from a credit counseling agency. A professional credit counselor will look at your financial situation objectively and put together a personalized credit score improvement plan to help you budget your income/expenses and manage your debt. You can locate a non-profit credit counselor via the National Foundation for Credit Counseling.

Photo: Pexels

More

Loneliness is one of the top complaints of adults in our nation and many single people long for an intimate relationship or a good friend. It...

Investors in the tech industry have pointed to trouble ahead after some closely followed measures of tech valuations have revealed that they are,...

White is a very interesting color when it comes to home décor. Many decorators are hesitant to use it, especially in a home that has a lot of foot...

Mary Coales, a 63-year-old Cambridge graduate, says that wearing her Aaronia Shield is the only way she can protect herself from radiation caused...

No matter how much you love your little darlings, sometimes they can really put your parenting skills to the test. Five things will help you...

Latest Fab Stories

It would be an ideal scenario if everyone in the family spent quality time together. Time is something that seems to escape families with the...

How many late days have you logged or traffic tickets have you gotten because you were delayed picking out your clothes? How would you like to...

HP (Hewlett Packard) is one of the most popular and recognizable computer, laptop and accessories brand on the planet. The HP brand has come out...

What is it about certain relationships that make them stand the test of time? Obviously love and attraction are important, but many couples that...

The kitchen is that part of the house which many people like to look clean and sophisticated. When it comes to kitchen countertops, they should be...

Many people have experienced the person who is just not available. Whether it is physically or emotionally unavailable, these people tend to ask...

Many people seem to focus on the inside of their homes when they are talking about home décor. But part of the whole process is looking at the...

It is a true statement that Americans do like to be productive. It's as if it's in our DNA. Well, our ancestors moved to America to gain freedom...

You can't deny it anymore. Nicotine fits, smelly breath, the fact that it costs a small fortune to support your smoking habit-- not to mention a...

Ulcerative colitis is a long-term inflammatory bowel disease that affects the large intestine. This disease causes inflammation, irritation, and...

I’m sure you cannot wait to finally welcome your little bundle of joy into this world. Although you have nine long months of carrying your...