How to Improve Credit Score?
Poor credit scores can wreck havoc on your financial being, bellow are tips on how to improve credit score. Pay off your debt . That is the most useful advice you can get for increase your our credit score. Generally speaking, the less debt you have, the more your credit score improves. If your debt is costing you a huge chunk of change then you need to tap into your savings to pay that off. Yes you may have less cash in your account but you will save more in the long run because of the interest you are saving. If you do not have the money, you should think about borrowing from your family. In the US this is something that sometimes frowned upon, but it makes very much sense to do so. For one, the payments to your family is a lot lower than paying the credit card companies. And two, you won’t have to pay interest. Get a new credit card Getting a new credit card can sometimes raise your credit score. The reason for this is because doing so improves your debt-to-credi