Health and FitnessHealth and Fitness
Thu, March 13, 2025
[ Today @ 07:21 AM ] - Kiplinger
Is 2025 a Bad Year To Retire?
[ Today @ 04:24 AM ] - Insider
The age of streaming inequality
Wed, March 12, 2025

Credit score boost: 7 simple ways to improve your score slowly and steadily


Published on 2025-03-13 04:03:19 - Mint
  Print publication without navigation

  • Building a solid credit score takes time and responsible habits. Key strategies include using credit cards wisely, paying bills promptly, keeping credit utilization low, and maintaining a long credit history.

The article from MSN outlines seven straightforward strategies to gradually enhance your credit score. It emphasizes the importance of paying bills on time, as payment history significantly impacts your score. Reducing credit card balances to lower your credit utilization rate is another key tip, ideally keeping it below 30%. The article also advises against closing old credit accounts to maintain a longer credit history and a higher available credit limit, which can positively affect your credit utilization. Additionally, it suggests diversifying your credit mix by responsibly managing different types of credit, like loans and credit cards. Regularly checking your credit report for errors and disputing any inaccuracies is recommended, as well as being cautious with new credit applications to avoid hard inquiries that can temporarily lower your score. Lastly, patience is highlighted as a virtue since improving a credit score is a slow process requiring consistent financial behavior.

Read the Full Mint Article at:
[ https://www.msn.com/en-in/health/fitness/credit-score-boost-7-simple-ways-to-improve-your-score-slowly-and-steadily/ar-AA1AP1Tw ]