If you ever watched TV’s “The Biggest Loser,” you know that it’s easier to maintain a healthy weight now than trying to lose weight and cope with health conditions that may occur later. (Or as some people say, “A moment on the lips, forever on the hips.”) The same is true of your credit history, the which affects everything from your purchasing power to your ability to get a reasonable loan rate or land a job . (Or as some people say, “A moment on the lips, forever on the hips.”) The same is true of your credit history, which affect everything from your buying power for your ability to get a reasonable loan rate or land a job.
To get an idea of your credit history, potential lenders Will examine your credit score. To get an idea of your credit history, potential lenders will check your credit score. A high credit score can make it Easier to get a credit card or loan, and may result in the lender setting a lower interest rate. High credit rating can make it easier to get a credit card or loan, and may cause lenders set interest rates lower. To boost your credit score, remember these tips: To improve your credit score, remember these tips:
1. Pay your bills on time. Learn more about our bill pay and automatic payment transfer options at www.creditunion.coca-cola.com. Pay your bills on time Learn more about paying our bills and payment options in an automatic transfer. www.creditunion.coca-cola.com.
2. Pay down your debt. Consider our low-rate loans to consolidate your debt. Paying your debt. Consider our low-rate loan to consolidate your debt. A financial counselor can also help you create a debt management plan. A financial counselor can also help you create a debt management plan.
3. Reconsider closing accounts. You may be tempted to close an old credit card accounts you no longer use Because the card. Re-closure of accounts. You may be tempted to close the old credit card account because you no longer use the card. But the longer your Responsible borrowing history, the better your score. But the longer history of responsible lending you, the better your score.
4. Fix errors. Review your official records from all three major credit reporting agencies (Equifax, Experian and TransUnion) and be sure any incorrect information is corrected. Correct the error.