Tuesday, January 22, 2019

Ways to Improve Your Credit Score

Most consumers understand that missed payments will appear on their credit reports and cause their credit scores to go down as a result. Generally, you should be in good shape if you: •Pay your debts on time •Don’t carry too much debt on any one credit card •Don't close older unused accounts unless absolutely necessary •Apply for new credit only when you need it But to improve your credit score, you need to take additional steps long term. These suggestions serve as a starting point: 1. Monitor your credit reports on a regular basis. 2. Dispute inaccuracies and outdated items on your reports. 3. Maintain low balances (compared to credit limits) on your credit card accounts. 4.Sustain the length of your credit history. 5.Keep different types of credit open if it makes financial sense for your situation. 6.Apply for new credit only when you need it. BANCO Capital Corporation Specialists can help you complete these tasks. We assist you with credit repair solutions to clean up your credit report today and provide financial education and guidance to help you build a stronger credit history for your future. Call 1-800-442-1591; http://www.bancoservices.org

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