Your credit score is based on a range of factors, and it can mean the difference between getting a good interest rate on your mortgage or not. If you’re planning to buy a home soon and want to know how to boost your credit score before applying, get in touch with the credit repair experts at The Kredit Lab. They can reveal three tips you may not have considered for boosting your score – fast and effectively!
Tip 1 - Check your Credit Report
Checking your credit report is the first step you should take when you’re looking to boost your score. credit repair experts suggest ordering a report from major credit bureaus – Boost. This will give you a complete picture of your credit history and help you identify any errors that may be dragging down your score.
Make Your Payments on Time: One of the biggest factors in your credit score is payment history. You’ll want to avoid missing payments or paying late as much as possible. That’s why it’s important to set up auto-pay so there are no surprises when it comes time for monthly payments. credit repair experts also recommend setting up text alerts with your bank so you know right away if there are any problems with your account.
Tip 2 - Add Positive Information
Tip 3 - Remove Negative Information
Get A Second Opinion: Sometimes the FICO score from one company doesn’t match what another company reports. To ensure accuracy, get a second opinion from an independent source such as myFICO or WalletHub for free. They’ll give you their assessment of how likely it is that you’ll qualify for loans at different interest rates and terms, which can help make good decisions about your finances.
