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Feed: Well Duhhh… Forgive Me for Stating the Obvious But… - AggScore: 10.3



Summary: Well Duhhh… Forgive Me for Stating the Obvious But…


Many of you will already know this credit score boosting tip but for those of you who don’t this is the #1 best method to increase your score and for those of you who already know it… think of it as a friendly reminder : ) The very best way to improve your credit score is [...]

Well Duhhh… Forgive Me for Stating the Obvious But…


pMany of you will already know this credit score boosting tip but for those of you who dont this is the 1 best method to increase your score and for those of you who already know it... think of it as a friendly reminder ppThe very best way to improve your credit score is simply to pay your bills on time. br br This is absurdly simple but it works very well, because nothing shows lenders you take debts seriously as much as a history of paying promptly. br br Every lender wants to be paid in full and on time.br br If you pay all your bills on time then the odds are good you will make the payments on a new debt on time, too, and that is certainly something every lender wants to see. br br Experts believe up to 35 of your credit score is based on your paying of bills on time, so this simple step is one of the easiest ways to boost your credit score.br br Paying your bills on time also ensures you donrsquot get hit with late fees and other financial penalties that make paying your bills off more difficult. br br Of course, if you have had problems making your payments on time in the past, your current credit score will reflect this. br br It will take a number of months of repaying your bills on time to improve your credit score again, but the effort will be well worth it when your credit risk rating rebounds!p
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Date Added: 02/24/2011
Date Approved: 02/24/2011
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