Some Steps You Can Take To Boost Your Credit
Robert Mufareh
Commercial Loan Broker | Investment Real Estate Loans | Business Financing | Working Capital | Equipment Financing | SBA Loans | Private Money | Franchise Financing | Hard Money | Business Lines of Credit
If you have a low credit score as a result of past financial problems, or you don’t have much credit history, there are some steps you can take to boost your credit.
1. Use Your Credit
While it may seem counterintuitive, as long as you are doing so responsibly, it is better to use your credit. This allows you to build up a credit history which will show potential lenders that you are responsible for the funding you are given.
2. Make Your Payments On Time
One of the easiest ways to improve your credit is to simply make your monthly payments on time. This applies to any credit cards you have as well as other types of payments. If you can, paying your bills early can be more beneficial than paying them on the exact date they are due. (Click Here To Learn More)