Simple Strategies to Improve your Credit Score

Struggling with bad credit? Let’s take a look at six common sense strategies that can help turn your credit score around.

Always make your payments on time.

Better yet, only spend what you can expect to pay back at bill time, and pay o� the balance every month.

Reduce your balances, little by little.

$20

$20

$50

When it comes to reducing your overall debt, even throwing in an extra $20 or $50 a month will help. Plus, paying more than the minimum payment looks good on your credit report.

$20

$20

$50

Don’t run up the entire balance.

$10,000

Just because you have a credit card with a $10,000 line of credit doesn’t mean you should use it all. For optimal marks on your credit report, it’s best to use 30 % or less of your available credit.

$10,000

Just say “No” to new credit card o�ers.

CREDIT CARD

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LOW APRNO PAYMENTS

PRE QUALIFIED

Numerous inquiries for new credit can negatively a�ect your credit score. So just say “No” to new credit card o�ers — especially if you’re actively looking for a new home.

CREDIT CARD

000 000 000 000

LOW APRNO PAYMENTS

PRE QUALIFIED

Check your credit report.

CREDIT SCORE

Unfortunately, errors can show up on your credit report — and they can stay there for years if not disputed. Be sure to check your report and put the wheels in motion to clean up any errors.

CREDIT SCORE

Don’t close all your accounts.

The length of your credit history is factored into your credit score. Keep old accounts open that have a long history of on-time payments, even if you don’t use them anymore.

Want to learn more?

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