3 Steps to Boost Your Credit Score Overnight - PowerPoint PPT Presentation

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3 Steps to Boost Your Credit Score Overnight

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Which brings us to today’s topic – how can you boost your credit score overnight? The fact of the matter is that this is impossible to do, but it can be done relatively quickly, and with little effort on your part. Website - decs-wekilldebt.com – PowerPoint PPT presentation

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Title: 3 Steps to Boost Your Credit Score Overnight


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3 Steps to Boost Your Credit Score Overnight
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  • Which brings us to todays topic how can you
    boost your credit score overnight? The fact of
    the matter is that this is impossible to do, but
    it can be done relatively quickly, and with
    little effort on your part.

3
Here are 3 easy steps to boost your credit score
overnight!1 Pay All Bills on Time
  • In most cases, your credit score is a reflection
    of how well you handle your bills and other
    financial obligations. If you pay all of your
    bills on time each month, thats typically great
    for your credit score. If you tend to be late on
    payments or dont pay certain bills at all,
    thats usually bad for your credit score. You can
    improve your credit score by paying all of your
    bills as soon as they arrive it will likely take
    a few months before any changes show up in your
    credit reportbut doing so will help ensure you
    have a positive impact. It also makes sense to
    check in with your credit report provider once
    every few months lenders might make small
    mistakes when recording payments, which can
    potentially cause issues with what creditors see
    when considering lending options.
  • Lenders often provide monthly billing statements
    these days, but if yours doesnt provide them
    automatically (or do not appear online), track
    them down directly from creditors or through
    annual mailing lists sent by third-party
    companies.

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2 Dont Miss Payments
  • Skipping payments is one of the easiest ways to
    hurt your credit score. If you absolutely cant
    make a payment, notify your lender. Missed
    payments get reported to credit bureaus and can
    end up lowering your credit score by as much as
    100 points. Paying on time improves your rating.
    Late or missed payments dont. Even a single late
    payment can drop your score significantly, so if
    you want to improve your credit standing then
    dont even think about missing a deadline! To
    raise it immediately after making poor choices
    with loans or cards, focus on paying down what
    you owefast!
  • The quicker you pay off balances (and only
    balances) that are reported on your credit
    reportthe better chances you have of improving
    that number fast! Be sure to check back in on
    things regularly by pulling your free annual
    credit reports. Use our free annual credit
    report. You wont find an easier way to stay on
    top of things! If theres negative information on
    your account that isnt correct, reach out to fix
    it right away but only dispute errors made by
    lenders or merchants/merchants.

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3 Keep Your Balances Low
  • The easiest way to improve your credit score
    overnight is by keeping your balance low on each
    card. If you have a 1,000 limit on one card and
    500 on another, for example, its important that
    you keep your balance below 30 of both. Not only
    will it protect you from financial troubles, but
    if you need to fall back on your cards in an
    emergency, having lower limits will keep you from
    maxing out those cards as well. It can help
    improve your credit score almost immediately
    FICO itself says that carrying balances equal to
    or less than 30 of available credit lines may
    increase your score by 25 points or more.
  • Charge only what you can afford Before charging
    anything newand especially before charging
    big-ticket items like furniture or
    appliancestake some time to make sure that you
    can afford these purchases in full without
    missing any payments. It doesnt matter how
    quickly theyll be paid off if theyre ruining
    your ability to make timely payments now!

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Contact us -
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    92307
  • Phone - (866) 342-1062
  • Email - info_at_decswekilldebt.com
  • Website - https//decs-wekilldebt.com
  • Blog https//decs-wekilldebt.com/3-steps-to-boost
    -your-credit-score-overnight
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