In this video, Kevin from Family Credit Repair explains the 5 fastest ways you can increase your credit score:
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Hey Guys, Kevin here from Family Credit Repair.com, and today we are going to talk about the 5 fastest ways you can increase your credit score.
1- Pay off your credit cards every month.
Don’t carry a balance and pay off your revolving debt ASAP.
2- Credit inquiries are not good. Each time you apply for credit, your credit score is going to take a hit. Don’t apply for a new credit card to just take advantage of some silly promotion. Because it’s not worth it
3- Apply for credit strategically. If you’re looking for a home loan or an auto loan, you can apply with a hundred different banks and it will only count as one credit inquiry. If it’s done within a 45 day period.
4- Get higher credit limits. Every year call your bank and ask for a higher credit limit. This is one of the best ways and fastest ways you can increase your credit scores.
5- Do not max out your credit cards. If you find yourself doing this, get a higher credit limit or divide your debt among other credit lines so that no more than 40% is being used per credit line.
Thanks for watching. And if you want even more credit repair tips and advice, visit our website: www.FamilyCreditRepair.com
Have a great day!