Simple Ways to Increase Your Credit Score - PowerPoint PPT Presentation

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Simple Ways to Increase Your Credit Score

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A credit score is generated mathematically using information from your credit report. The main components of the credit score equation are debt history and debt weight. To increase your credit score, it is important to pay considerable attention to your debt history and debt weight. Keep your accounts current and active for at least two years. Contact your banks in Lancaster to get lower interest rates. To know more visit here – PowerPoint PPT presentation

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Title: Simple Ways to Increase Your Credit Score


1
Simple Ways to Increase Your Credit Score
A credit score is generated mathematically using
information from your credit report. The main
components of the credit score equation are debt
history and debt weight. To increase your credit
score, it is important to pay considerable
attention to your debt history and debt weight.
To improve your debt history, do the
following Get free copies of your credit report
from all three credit reporting
agencies. Quickly pay down lines of credit that
are above 30 of your credit limit. Pay off any
bills that have gone into collections as soon as
possible. Keep your accounts current and active
for at least two years. Contact your banks in
Lancaster to get lower interest rates. Source-
nationaldebtmgt.com
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