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5 Simple Tips to Improve Your Credit Score Faster
Put yourself in a position to qualify for any rewards credit card or low-interest loan product
Your credit score, specifically your FICO Score, is an important aspect of your financial life. FICO Score is used by 90% of top lenders in the United States to review your creditworthiness. You can view your FICO Score for free through Discover’s Free FICO Credit Score Card.
In improving your FICO Score faster so that you can put yourself in a position to qualify for that rewards credit card or low-interest loan product you want, the following are 7 tips to help you:
1. Make on Time Payments
2. Reduce Your Credit Utilization Ratio
3. Request a Credit Limit Increase
4. Dispute Credit Report Errors
5. Sign up for a Credit Boost Service
1. Make on Time Payments
Making on-time payments is an important aspect of your FICO Score. It makes up 35% of your FICO Score. In making sure you pay off your credit card balances every month, you will see improvements in your FICO Score sooner than later. It is important to remember that you should aim to pay off your full statement balance every month so that you do not…
