3 Ways to Improve Your Credit Score and Save Money

A good credit score can make a real difference in your life, whether it’s getting a loan, buying a car, or renting an apartment.

If you are trying to improve your credit score, it’s essential to know what a good credit score is and the steps to getting one.

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What is a Good Credit Score

Your credit score is a number in the range from 300 to 850, and Americans with a credit score above 670 have a “good” credit score.

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How To Improve Your Score

Understanding “what is a good credit score” is the first step towards improving it. Here are three tangible steps to help you improve your score.

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1. Get a Handle on Your Bill Payments

 Some ways to get a handle on your bill payments are to: - Create a budget - Set due-date alerts - Automate your bill payments

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2. Don’t Use Up All Your Credit

Your credit utilization ratio refers to the portion of your credit limit that you’re using at any given point in time.

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3. Consider Debt Consolidation

The benefits of a debt consolidation loan are that you no longer need to worry about making multiple payments and instead focus on one monthly deadline.

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To start, you can go to one of three major credit bureaus to check your credit report for free. Your credit report provides a history of your financial activity.

The Best Way to Check Your Score

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Slight changes in your credit score are regular and can happen for several reasons.

Why Your Credit Score Changed

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