Tip of the day: three easy ways to improve your credit score - ForumDaily
The article has been automatically translated into English by Google Translate from Russian and has not been edited.
Переклад цього матеріалу українською мовою з російської було автоматично здійснено сервісом Google Translate, без подальшого редагування тексту.
Bu məqalə Google Translate servisi vasitəsi ilə avtomatik olaraq rus dilindən azərbaycan dilinə tərcümə olunmuşdur. Bundan sonra mətn redaktə edilməmişdir.

Tip of the Day: Three Easy Ways to Improve Your Credit Score

A higher credit score can provide a good interest rate when you take out a mortgage or car loan. Usually, an average FICO score is not enough to get the best mortgage rates. Time.

Photo: Shutterstock

“You can never aim for the average score,” says Bruce McCleary, vice president of the National Fund for Credit Counseling.

Do you want to increase your rating as soon as possible? Take advantage of these recommendations.

1 Board. Know your limits

Your credit rate, which shows the percentage of available loan amount used, is one third of your rating. A high ratio can lower your rating, and a low one, on the contrary, can significantly increase it.

Consumers with the highest scores usually have a credit factor below 10%, but if you think this is not very realistic, aim for a factor of 30% or less.

2 Board. Set up automatic payment

Even a delay of one payment on 30 days can seriously hit your rating. If you plan to pay your bills online, it will help you avoid delays.

Bonus: Some banks lower your interest rate when you pay your loan bill online. For example, if you have an education loan.

3 Board. Check account statements

A survey conducted by Credit.com showed that 21% of consumers who checked their loan statements noticed errors in them, and 19% found bills or arrears that they did not know about.

Common mistake: After moving to a new place, people forget to pay the last month's utility bills or phone bill that are due at the previous home address.

Banks credit rating mortgage Educational program loans in the USA
Subscribe to ForumDaily on Google News

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis. 



 
1072 requests in 1,240 seconds.