7 Simple Ways to Increase Your Credit Score ...

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Are you planning for the future and looking for easy ways to increase your credit score?

If you’ve ever thought about buying a house, a car or even getting a credit card, it’s imperative to have a good credit score.

So whether you have bad credit or no credit, here are 7 simple ways to increase your credit score so that the next time you’re in the market for a car or big ticket item, you can proudly show off you’re A+ credit score!

1. Get Some Plastic

Who would’ve thought that getting a credit card is a way to increase your credit score?!

Many people think that you should avoid credit cards like the plague but that’s simply not the case.

You have to obtain credit to have a credit history so if you’re just starting out, apply for a credit with low interest and no annual fee to start building your credit.

If you’re trying to increase your score, having and using a credit card will help you raise your score as long as you use it responsibly!

2. Practice Restraint

So I just got finished saying you should get and use a credit card as a way to increase your credit score but don’t go overboard!

I know many department stores offer discounts for applying for their store cards and it’s tempting, but opening accounts you don’t need is not good.

If you have new accounts, it lowers the average account age making it appear like you have a bunch of new accounts which can lower your total score.2

3. Get Low

Another one of the easy ways to increase your credit score is to make periodic payments and not just the minimum or one big payment at the end of the month.

Check with your credit card company to see if there’s a limit on the number of times you can pay a month and make small payments throughout the month.

The lower your credit card balance is, the better!

Use Sparingly
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