3 Hacks To Boost Your Credit Score

We all know having a good credit score is essential to staying financially fit.

Having a great credit score will give you access to the best financial products and can save you thousands of dollars in interest.

Which is why I have 3 little-known hacks for you today, that you can use to boost your credit score.

Credit Hack #1) Challenge all errors.

Here’s what you do… Go to AnnualCreditReport.com and access your free credit report. Then look it over for errors. If you find anything wrong be sure to challenge them no matter how small they might be.

Credit Hack #2) Ask for a credit line increase.

Talk to your credit card companies to see if you can get an increase in your available credit. Doing so will lower your credit utilization, helping to maximize a category that accounts for 30% of your FICO score.

Credit Hack #3) Pay off all of the smaller loans first.

According to myFICO, a larger number of accounts with amounts owed can indicate a higher risk of overextension that will negatively affect your credit score. So reducing the number of credit cards with balances can give your score a big boost.

On top of these credit hacks, be sure to always pay your bills on time so you can protect your hard-earned credit score.

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