You want to buy a house but your credit score is 675. Currently you qualify but at a much higher rate than what was initially offered to you. You decide you want to raise your credit score quickly to take advantage of the lower rate.
Follow these simple steps to guarantee you a great rate.
- Pay your bills on time.
- Keep account balances low, under 30% of available credit.
- Pay your highest interest rates first to get within the 30% threshold.
- Do not use or apply for any credit.
- Ensure everything and I mean everything shown on your credit report is accurate. It all counts.
My assignment for you today is:
Prioritize my recommendations above and schedule your actions items on your calandar.