Now that you’re paid up on all your bills, it’s time to give your credit score a serious boost.
One of the best ways to improve your credit score 100 points is to have a credit card, but not use it. Credit utilization basically refers to how much of your credit card limit you use.
It Not only shows you your credit score, but it also explains why your credit score is that number.
This means showing you factors like credit inquiries, credit card usage, age of credit history, payment history, and other aspects that impact your credit card score and how it holds up against the credit score scale.
It went like this: Let's face it, this is not exactly a winning pitch when you are trying to convince someone to give you a line of credit!
Two banks denied me, but one banker was kind and shared some info that has helped me raise my credit score over 100 points in the past five months.
I think everyone should be aware of this “trick”, which is why I’m sharing it today.
The gist of it was that I should stop trying to apply for credit cards and getting denied.
One of the best ways to earn a great credit score is to always pay your bills on time.
Missing one bill can lower your credit score by as much as 100 points.
After the seven days they will charve you .99 per month and you get a really good credit monitoring service.
If you just need your score and reports then you will need to cancel within the 7 days.
While these are legitimate concerns, I had to let them know I felt as if I had some control over my spending.