Credit scores can seem pretty confusing, and fixing your credit can feel like a daunting task to even the most financially savvy consumer.
But, there are a few simple things that you can do to improve your credit scores in a relatively quick time.
Here is a list of 3 things you can do to increase your credit scores.
1. Pay Your Bills On Time
Your payment history accounts for approximately 35% of the overall credit score, so making sure that your making all of your payments on time should be your number one priority.
A single late payment can cripple your credit and lower your credit scores by 100 points or more and report for 7 years from the date it occurred.
Setup automatic bill pay, put all of your bills in a calendar, leave sticky notes all over your home, do whatever is necessary in order to make sure that your bills are paid on time, every time.
2. Pay Down Your Credit Cards
One of the biggest factors used to aggregate your credit scores is the proportion of debt you have in relation to your credit limits.
And one of the biggest mistakes that anyone can make is to max out their credit cards.
Paying down your balances to 20% of the credit limit or less will undoubtedly increase your credit scores.
If the credit limit on your credit card is $1,000 – you will need to pay down your balance to $200 (20%) or less.
3. Sign Up With CreditFirm.Net
We have helped thousands of individuals improve their credit scores and positively impact their lives as well as the lives of those around them.
Your credit score shouldn’t hinder your dreams, it should help to facilitate them.
Time is the prime commodity in life, not money.
How much more time are you willing to spend on waiting for your credit to improve?
Get proactive and start doing something positive about your credit right now.