Wednesday, July 22, 2009

How to get a Better Credit Score

Here are a few tips in boosting your credit score.

  • Get current on your bills and stay that way. Consider an online bill paying to pay your bills.
  • Pay down your revolving debt. Do not move debt around between credit cards.
  • Do not open a lot of new accounts.
  • If you are having trouble making ends meet, contract your creditors or a legitimate, non-profit credit counselor. They would rather work with you on a payment schedule than see you fall delinquent and not pay at all.

Good credit can be a homeowner's most valuable possession. Use it wisely and guard it well.

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