credit scores

Improve Your Credit Score

“Improve your business, your life, your relationships,your finances and your health. When you do the whole world improves.”

– Mark Victor Hansen

If you are getting ready to apply for a new loan, your credit score will play a significant role in determining whether you are approved and what your terms will be. If you don’t know what your credit score is or how the process works, I can provide some insight.

Your credit score is determined by several factors, including your payment history, number of open credit cards and even the amount of recent loan applications. There are also many ways to improve your credit score, such as routinely paying more than the minimum due on your credit cards or closing unused credit card accounts.

For this month’s Item of Value, you will find a crash course in credit scores. I’ve listed several tips to raise or maintain your credit score, as well as a worksheet to help keep your finances in order.

Making a concerted effort to improve your credit score will enable you to secure the best possible terms on a future mortgage, car loan or student loan, and I am here to help!