5 Practical Ways to Improve Your Credit Score

Hi all. Found an excellent article that I am sure many will relate to. Hope you get something useful out of this...

For those of you that are not aware of what a credit score is, a credit score determines one’s creditworthiness. Banks and other financial institutions look to your credit score to determine your eligibility for a loan or a credit card. Unfortunately, as a result of some bad financial decisions, some of us have low credit scores.

A low credit score can ruin your chances of getting a loan or a credit card and hence, it is very important to improve your credit score. You will find various articles online on how to improve your credit score but unfortunately, some of them are not exactly practical.

1. Establish a line of credit

What is worse than a bad credit score? A non existent one! Many of us believe that not having a credit history is better than having a poor credit history. While this might not be entirely wrong, it definitely isn’t true.

Looks like really useful info, eh? Just click the link https://blog.bankbazaar.sg/5-practical-ways-improve-credit-score/ to find out more from the horse’s mouth! If you’d like to share perspectives or discuss how it relates to your business, call me on (0400) 032-110 or email me at [email protected].

Thanks,

Bill Mitchell