What are 3 things that will raise your credit score?

What are 3 things that will raise your credit score?

FINANCE

Thursday, 8 September 2022

By : Quick Insurance Guru

According to credit bureau Experian, close to six out of ten Americans have credit scores that are deemed to be "excellent" or higher.

Your credit score plays a crucial role in your ability to obtain a mortgage, establish a credit card, rent an apartment, and even qualify for some employment chances.

According to experts, you can improve your score in one to two months, but it can take longer depending on the root cause of your poor score.

Here’s a look at three easy things Aliche says you can do to get started.

 3 things that will raise your credit score

Improving and maintaining your payment history is the most important thing you can do to boost your credit score.

1. Automate your bill pay

Adding an authorised user is another simple way to improve your credit.

2. Piggyback on good credit habits

Although it may seem that you are not overspending if you are letting your credit cards gather dust, this could be problematic.

3. Use your credit card to “pay off pennies”

“You do those three things and your credit score will start jump, jump, jump, jump jumping”...

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What are 3 things that will raise your credit score?