Published April 3, 2023

Do This to Improve Your Credit Score Easily

Written by Brian Parsons

Do This to Improve Your Credit Score Easily header image.

The different ways to improve and protect your credit score.

Your credit score matters now more than ever because of higher interest rates. If you have great credit, you can get a better rate.

To protect and improve your credit score, make sure to make your payments on time, as 35% of your credit score is based on your payment history. What you owe accounts for 30%, so try to pay off car loans, school loans, and any other debts. The length of your credit history accounts for 15%, so the longer you show payments, the better. Lastly, 10% to 20% is based on the newness and types of accounts you have.

Also, it is crucial to have a strong password of at least 12 characters with symbols like an exclamation mark, ad symbol, or dollar symbol to protect your credit score. Use your private network when paying bills and avoid public Wi-Fi to prevent cyber hackers from getting into your personal information. It is also important to shred any payment information that contains personal data instead of throwing it in the trash.

Following these tips will help you protect and improve your credit score. If you have any further questions about this topic or need help with your real estate needs, feel free to call or email us.