Real Estate

Tips to Improve Credit Scores

In order to purchase a home most lenders require a 620 credit score, if you’re one of those who are just not quite there and need a boost in your credit score here are some easy tips.

  1. Reduce your debts
  2. Keep credit cards lower than 30% of the credit limit.
  3. Do not open new credit lines. (Unless you don’t have any)
  4. If you’ve missed payments get current and make it a point to pay your bills on time.
  5. Get a free yearly copy of your credit report so you know exactly what’s on there. You can visit any of the 3 credit bureaus to receive your copy.
    1. experian.com
    2. equifax.com
    3. TransUnion.com
  6. Give it time!!!! This is the most important one of them all. The only way to best improve credit scores is to give it time and stay responsible.
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