Mark Hauser best ways to improve your credit score
If you’re looking to boost your credit score, you can do a few things by Mark Hauser. The first step is getting into the habit of paying your bills on time. If you have money left over that isn’t going toward rent or another tab, try to ensure it’s saved up and not used elsewhere. Keeping a low balance on your cards is also essential; too much debt can hurt your score and result in late payments if you need more cash in an emergency.
Pay off all your credit card balances every month, and avoid using more than 30% of your available credit. Only open new lines of credit if necessary. Ensure you get a copy of your credit report at least once every twelve months to catch any errors or fraud that could lower your score.
Increase the number of months since you last applied for a credit card.
The more time between credit card applications, the better. Credit scores are based on how many times you apply for credit in a short period. You can increase the number of months since you last used a credit card by waiting at least six months.
Only open new lines of credit if necessary, and pay off existing lines of credit on time and in full each month. Pay off all your credit cards and loans on time. Keep the balance on your credit cards low compared to the amount of available credit you have available to you–this will help keep lenders from thinking that you are overextending yourself.
Mark Hauser advises that you get a copy of your credit report at least once every twelve months to catch any errors that might hurt your score.