3 Ways To Improve Your Credit Score in 2023

Looking for effective ways to improve your credit score? We have a few answers that could help.

Tackle the factors that are negatively impacting your credit health first.

• Take a deeper look at your credit profile, and identify the items that you believe are having a negative impact on your credit health. This could be a random medical collection, high credit card balance, or an incorrect late payment. Once identified, take action! This could require you to dispute an account with the credit bureaus, build a strategy to pay off credit card debt, or simply call your credit union or bank to ask about a potential mistake. Ultimately, taking action to resolve the negative items on your credit report will be the fastest option to help you improve your overall credit health. .

Monitor your credit report on a regular basis.

• One of the best ways to improve your credit health is to monitor your credit report on a regular basis. Why? It allows you to see your progress while mitigating any new derogatory items that may show up without your knowledge. When you’re working to improve your credit score, the last thing you want is a surprise collection or derogatory item showing up without your knowledge.

Gamify your credit score with credit card strategies.

• Credit card utilization makes up nearly 30% of your FICO credit score. If you’re looking for ways to improve your overall health, consider gamifying your credit card utilization to optimize your credit score. For example, carrying a small balance, below 9% of the available credit limit, can help you optimize your score. This is a great strategy for potential home buyers or anyone that has a large purchase on credit in the near future.

Struggling to improve your credit health on your own? We can help.

Schedule a Free Credit Evaluation today and learn more about how Premier Credit can help you reach your credit score goals, while building a healthy foundation of credit for the future.