In Credit Cards, Debt

Having a good credit score can go a long way.  According to Experian, approximately 1/3 of Americans have “not so good” credit scores.  If you fall in that number, don’t be alarmed!

Check out this Infographic to help you along the way!

Add the good stuff!

If you review your credit report and find that an account is in good standing has yet to be reported, take action.  In some cases, there may be instances where an account can help boost your credit score was omitted from your report.  Consider contacting the creditor and request for the addition to the credit report.   Doing so – can also help improve your overall credit score.

Dispute, dispute, and dispute again your credit score!

Take time to review what is actually on your credit report.  Don’t forget you can get a free copy of your credit report at  annualcreditreport.com. Next, pay close attention to negative reporting items that are driving down your score. Determine if they are inaccurate and if so dispute!  Consider disputing these items online or in writing.  Finally, if you are successful, negative reporting items will find their way off your credit report!

Reduce your credit utilization

You have to understand what makes up your credit score.   One of the most significant driving factors is credit utilization. But what does that mean?

If you have a credit line of $1,000 and used $600 of your available credit, your credit utilization is 60%!  Not a good idea.  Using 30% or less of your credit lines can help improve your credit score.

Lastly, remember, you can boost your credit score yourself. You don’t have to pay tons of money to get your credit together! Keep pushing and know that one day, you will have a score that works best for you!

Remember your choice, your future!

 

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