Blog > How to Improve Your Credit Score

How to Improve Your Credit Score

by petersellsdc-comJuly 15, 2019

Is your credit score lagging? Here are four ways you can change that.

If your credit score isn’t as high as you’d like, here are a few things you can do to improve it.

First, find out what your credit score is specifically. You can find this out online at places like They’ll also provide you with a full credit report so you’re aware of what’s affecting your credit score.

Second, try increasing your credit limit. This sounds crazy, but if you increase your credit limit from, say, $5,000 to $7,500 without actually spending that much, you’ll improve your credit score.

You can also become an authorized user. If you have a spouse or a family member who has better credit than you, they can allow you to become an authorized user of their credit. This will improve your credit without affecting theirs, and they can remove you anytime they want.

“In some cases, getting an extra line of credit can help you.”

Lastly, you can open another account. In some cases, getting an extra line of credit can help you. A lot of younger home buyers out there don’t have many credit accounts, and that’s hurting their score more than helping it. For example, if you have one account and you’re not borrowing on anything, that’s not doing you any good.

If you’d like to know more about how you can improve your credit score, try talking to a lender. They’re experts on this subject and would be glad to help you.

If you have any more real estate questions, feel free to give me a call or send me an email. I look forward to speaking with you.

Leave a Reply

Peter FergusonChat Now

Please let me know how can I help you.