5 Quick Tips to Increase Your Credit Score - PowerPoint PPT Presentation

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5 Quick Tips to Increase Your Credit Score

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Title: 5 Quick Tips to Increase Your Credit Score


1
5 Quick Tips to Increase Your Credit Score
2
Credit score, A Three Digit Number that
evaluates an individuals Creditworthiness , is
an important aspect of financial profile.
3
Credit score is used to determine some of the
most important financial factors in life, such
as whether youll be able to
Get A Credit Card.
Finance A Vehicle
Qualify For A Home Loan
4
A Good Credit Score Ensures
Easier Approvals On Loan
Bigger Credit Limits In Credit Cards
Better Interest Rates
5
A good credit score ranges from 700 to 900 -
streamlined finance with timely payments
repayments
Below 500 is considered as a bad credit score
Indisciplined financial life
6
Following are 5 ways to ensure you keep your
credit score, well above average
7
Pay your EMIs and CREDIT CARD dues on time
8
Limit your spends
Try to repay the full amount on the due date.
Use your Credit Card, though control your spends.
Try spending only up to 30 - 40 of your credit
limit to keep the balance low.
9
Avoid a New Credit Card Application
Opening a new credit account also lowers your
average credit age, another action that hurts
your credit score.
Avoid making any new applications for credit
since credit inquiries can hurt your credit
score.
10
Track your score regularly
Since your credit score is based on the
information in your credit report, the first
place you should go to improve your credit score
is your Credit Report.
11
You can get both your Personal Credit Score and
Business Credit Score by applying directly on
the link mentioned below
https//cir.crifhighmark.com
Follow CRIF India on

/CRIF
INDIA
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