Credit
Improvement Tips
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| 1. |
Check
your credit annually to verify accuracy
at link above.
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| 2. |
Dispute
older and adverse accounts. This will help
improve your beacon score. |
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| 3. |
By paying
bills timely, you not only improve your credit
score, but you also save money on late fees. |
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| 4. |
Begin
today by paying off your smallest debt first.
Then apply its payment amount to the next
smallest debt until you have paid it in full.
Then apply both payment amounts to the third
smallest debt. Continue in this way, until
you become debt free. |
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| 5. |
Consider replacing
higher interest credit card debt with lower
interest term loans, equity loans, or credit
cards. |
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| 6. |
Check
rates on insurance, telephone, and utilities;
apply the savings to outstanding debt, which
improves your credit score. |
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| 7. |
Paying
more than the minimum amount reduces the
amount of principal indebtedness as well
as interest paid in the future. |
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