Help raise my credit score

| April 23, 2012 | 0 Comments
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In discussing help raise my credit score, you would have by now understood that in order to compete favorably in the lending market, the most important thing for you to do is to ensure that your credit score is in good standing. But this prompts the question, how do I improve my credit score? If you have asked yourself this question time and over again, then you are not alone because there are a lot of persons out there who are interested in knowing how to improve their score so that they can be eligible to apply for home mortgages, car loans and new line of credit card.

Listed below are some vital tips that would help you out as far as ‘help raise my credit score’ is concerned. They include but not limited to:

  •  Take note of discrepancies: It is an established fact that close to 80 percent of credit reports are bound to turn up with one or more errors on them. In some cases, the errors may be minimal and not such that could have a negative impact on your report or score. However, there are some errors that are known to be so serious that they could negatively impact your credit report and subsequently lead to denial of extension of credit when you send in your applications. Based on this, it becomes necessary that you review your credit reports at least once or twice a year in order to be on the safer side.
  • Pay down debts: In order to make the most of help raise my credit score, it is advised that in a situation where you have credit cards that are at their maximum, you have to pay off the charges and leave behind 20% balance in order to be on the safer side.
  • Pay your bills: When you cultivate the habit of not paying your bills, it tends to affect your credit score more than anything. Not only should you pay your bills, pay them in full and also, on time. In a situation where you may not meet up payment in a given period, let the creditor know beforehand so that they don’t file negative information on your credit report.

With these few tips on help raise my credit score, you are surely good to go.

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Category: Blog, Debt, Improving Credit Score

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