How To Improve My Credit Score And Why I Need To

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Your credit score is a number you really should know! Why? Because a good credit score can effect your life in so many good ways, while a bad credit score can do just the opposite. You may be surprised to know a bad credit score could not only make it difficult to get a loan, but could stop you from renting the apartment you want or even prevent you from landing that high paying job!

Yes your credit score is one of the most important numbers in your life, right up there with your anniversary or wife's birthday! You're entitled to a free credit report yearly and can find a link to get yours at How To Improve My Credit Score And Why I Need To So how do you go about improving your credit score? Here are five tips that can help you achieve the credit score you deserve: 1.Obtain a copy of your credit report and check it for mistakes. This is simple to do and can make a really big difference in your credit score. Mistakes are fairly common, I once found a mortgage loan on my credit report that wasn't mine, a simple fix, that changed my debt-to-income ratio by $2000.00 dollars a month! 2.Pay you bills on time! All your bills! Don't ever be late and whatever you do don't ever let a bill go to collection-that's a credit score killer! 3.Pay your credit cards down below 30% of your credit limit. A simple way of doing this is to simply get your limit raised, if possible. 4.Don't close older accounts in good standing. It's better to keep them open with a small balance. 5.Limit opening new accounts. Opening new accounts in an attempt to improve your credit report will likely have the opposite effect, it makes it look like your always shopping for new credit...a no-no!