Your credit score is one of the most important factors in your life, as you must have excellent credit if you want to maintain an affordable lifestyle, and you must manage it well if you want to have more options. Are you aware a low credit score not only makes it impossible for you to obtain an affordable car note or loan, but it also prevents you from being hired in many industries? Not all companies issue a credit check while hiring new employees, but many do. Your credit score might seem like just a number, but it carries the power to determine your future. If you’d like to live well, earn a good living, and not waste money on everyday purchases, you must have a good credit score. Here’s how you can boost yours.
Check Credit Report
The easiest and most efficient way to boost your credit score is by checking your credit report. To view credit report scores with the major credit bureaus, you must log on to their websites and opt to check your score free of charge. The United States federal government mandates all major credit bureaus must allow consumers the opportunity to check their credit report free of charge one time every year. The best way to do this is to check your report free of charge every three or four months with a different bureau each time, which allows you to check for mistakes and dispute them. You can boost your credit score in a matter of thirty days or less if you find mistakes on your report. You simply dispute them by filing an online dispute with that bureau and each of the others or write a letter and mail it. The credit bureau will fix the mistake if it’s a blatant one, or they will notify the creditor who made the mistake, giving them the opportunity to fix it or ignore it. If creditors don’t respond within thirty days, the mistake is automatically fixed. You might need to provide documentation, but that’s typically simple.
Continue reading to learn how to make automatic payments work to your advantage.