If needed, improve your credit score While every situation is unique, your chances of securing a lower rate can depend on your credit score. If you have a poor or fair credit score (FICO scores below 670), there are some steps you could take prior to calling your credit card issuer, in...
How to lower your credit utilization 1. Monitor your spending to keep credit card charges to a minimum Watching how much you charge to each card is the simplest way to avoid taking a hit to your credit score for using too much of your limits. Make a habit of patrolling your online ac...
Establishing agood credit scoreis a vital piece of your financial future, giving you access to thebest credit cards, a lower interest rate onpersonal loansand more. It can even come into play when you apply for a job orrent an apartment. ...
Want to borrow but need to improve your credit score? Find out how to protect your existing score and methods of raising your credit score here.
Wondering how to improve your credit score? Discover 7 smart tips to build your credit, plus learn how credit works and why it matters.
Step 1: Assess your current financial situation and know your credit score Your credit score is important because it helps lenders to understand how likely you are to repay a loan and what terms they’ll offer for future loans. Paying down debt is one of the best things you can do to st...
Too many requests for credit over a short period could imperil your credit score. Once you're approved, don't use a credit line increase as an excuse to overspend. A credit card doesn't have to be the piece of plastic you hide in the back of your wallet for emergencies only. ...
When you apply for financing, like a credit card or loan, the lender that reviews your application is almost certain to check a copy of your credit report and credit score. With certain loans, like mortgages, a lender might review all three of your credit reports and scores from Equifax, ...
Requesting a lower rate should not affect your credit score or credit account. Why Try to Get Your Rate Lowered? You're probably reading this article because you've decided to step up and do battle with your credit carddebt. With this in mind, it's crucial to realize that even a small...
You should check your credit score regularly to check for errors, but make sure you do so throughsoft inquiriesso your score isn’t dinged. Many banks offerfree credit monitoringto their customers; check with yours to see if you can enroll in their service and get alerts whenever your score...