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Tips To Boost Your Credit Score

USE A CALENDAR

This seems like a pretty basic tool to use, but it is often underutilized when creating an organized payment plan. Use the one on your phone or purchase one to keep on your desk. Identify report/due dates as well as details about your balance. You’ll be able to see the progress that you are making as you go.

MAKE MULTIPLE PAYMENTS

Who says that you can only make one payment on a bill every month? Why not make an additional payment when you can or divide your monthly payments into several smaller installments on your own? You can proceed on this route as long as you make the final payment due before the report date.

BE PROMPT WITH PAYMENTS

This may seem like common sense, but making payments in a timely manner only helps to improve your standing with creditors and can deter late fees. However, late payments are a reality for some due to unforeseen circumstances. If this is the case, do not hesitate to call the lender and ask if you may create a new payment plan OR extend the due date(s). Negotiating a new strategy is ALWAYS an option, but you need to ask first.

PERIODICALLY REVIEW YOUR CREDIT REPORTS

It seems obvious to obtain reports and review them, but some overlook this simple step. Errors are sometimes made and can affect your score, of left uncorrected. Stand up for yourself and address discrepancies with the lender promptly.  If an opportunity arises for a resolution, seize it and watch your score improve.

ASK FOR HELP

Never hesitate to seek a professional credit service to help you with your credit history. A credit service can help you avoid detours as you are working to improve your scores. Often, professionals in this field can help reorganize and negotiate viable payment plans on your behalf.  You have hired a professional to help you sell/ buy your home. You should also seek the guidance of a professional to help you improve your credit and consequently facilitate a financial checklists in the selling/buying of your home. Ask your Realtor for referrals to help you!

 

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