Title: Credit Tips and Advice – How to Raise Credit Score
1(No Transcript)
2Credit Tips and Advice How to Raise Credit Score
- Many consumers complain that its hard to raise
your credit score once its damaged, but this
idea is far from the truth. It does not matter
how bad your credit report was in the past
because with the right education, you can improve
your three-digit number over time. In this
article, I will discuss 5 tips that you can
employ to raise your credit score.
Know how money works
Learn the in and outs of how money works for you,
so that you can be better prepared to pay your
bills. You should also read books on money,
budgets, and attend seminars. By doing this, you
will never miss a payment, therefore increasing
your credit score.
3Staying in financial shape
- When applying for loans, a lender will look at
your savings, your income, and your employment.
You want to make sure that you keep a good amount
of savings in your account to show the lender
that you have the discipline when it comes to
handling money. They will also look at your
income to see whether you make enough money to
keep up with the monthly payments. Finally, they
will look at the length of employment to make
sure that you are stable. The above factors will
help you get a loan, which will help you raise
your three-digits number in the long run.
Late fees removed
If you are late, ask the lender to waive the late
fee as a courtesy because most lenders will do
that for you if you have not used all of your
late waivers for the year. Lending institutions
allow either one or two late fee waivers yearly.
Then take the money that they were going to
charge you and reduce the balances on your credit
cards for an increase in your score.
4Stay organized with your bills
- Get a file cabinet to track your bills and place
them in an area where you can get to them
quickly. Know the date of your payments and use
calendars to remind you of your due dates. Take
advantage of automatic payment deduction and
electronic email reminders from creditors when
offered. When employing these strategies, you
never miss a payment, and as a result, you
improve your score.
Set goals
Set goals to track your credit repair efforts.
For example, create a tracking list for your
credit repair letters. Note whom you send letters
to and when. Set up reminders to check your score
regularly to see whether it has improved. Create
dates on when you are going to pay off your debt
and recheck your score. As you can see, the tips
disclosed above are simple and straight to the
point. Now that you have empowered yourself with
new knowledge, go out there, and take action.
5Contact Us
- Address - 1234 Market St 40839 SMB 13036
Philadelphia, PA 19107 - Phone - 855-537-8097
- Email - info_at_creditprosolution.com
- Website - https//creditprosolution.com/
- Blog - https//creditprosolution.com/credit-tips-a
nd-advice-how-to-raise-credit-score/