First things first, let’s set something straight: there’s no magic cure to boost your credit score. If your score is lower than you’d like, it will take time and a commitment to its improvement to hit your target range. Typically, a “good” credit score is anywhere from 675-750 (anything above 750 is regarded as “excellent”). If you’re not at that level, consider following these few tips to boost your credit score:
Pay your bills on time.
One of the worst things for your credit score is a late payment; one of the best things for your credit score is an on-time payment.
Don’t open new lines of credit if you don’t need them.
Having a bunch of lines of credit is not necessarily a good thing and won’t guarantee a jump in your credit score. Paying down debt owed on pre-existing lines of credit will increase your score.
Protect your credit information from identity theft and fraud.
Remember: your credit score is just a number that represents your credit history, and you can’t rewrite your history in a day. The only way to truly improve your score is to dedicate yourself to paying bills on time and keeping your debt low over time.
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