Improving your credit score involves a combination of responsible financial habits and strategic
actions. Start by checking your credit report for errors and disputing any inaccuracies. Pay your
bills on time, as payment history significantly impacts your score. Reduce credit card balances
and aim to keep your credit utilization below 30% of your credit limit. Avoid opening multiple
new credit accounts in a short period, as this can lower your score.
Maintain a mix of credit types, such as credit cards, mortgages, and installment loans, to show
responsible credit management. Keep old accounts open to benefit from a longer credit history.
Regularly monitor your credit report to track your progress and catch potential issues early.
Consider using a secured credit card or becoming an authorized user on someone else’s account
to build or improve your credit. By following these steps, you can steadily increase your credit
score and enhance your financial health.