Beast Mode Financials

Do you know the best ways to boost your credit score?

The way credit scores are calculated, some actions you take will affect your credit score better than others.

So, paying your bills on time and meeting your financial responsibilities will boost your score the most.

🔸 It will show lenders that you take your finances seriously and pose little threat to lost money.

There here are a few tips that will boost your credit score 👇

👉 Pay your bills on time.
👉Avoid excessive credit.
👉Pay Down Your Debts
👉 Have a mixture of credit types.

The types of credit you have are a factor in calculating your credit score.

So, in general, lenders like to see that you are able to handle a mixture of credit types well.

DM me to Book a FREE CREDIT CONSULTATION!!

Do you understand the basics of a credit score? 🤔

If you are trying to improve your credit score, you need to understand the basics.

You need to know what a credit score is, how it is developed, and why it is important to you in your everyday life.

Lenders certainly know what sort of information they can get from a credit score.

✔️ But knowing this information yourself can help you better see how your everyday financial decisions impact the financial picture lenders get of you through your credit score.

So, here are few simple tips are to understand the basic principles:

🔸 Tip #1. Understand where credit scores come from.

🔸 Tip #2: Keep the contact information for credit bureaus handy.

🔸 Tip #3: Develop an action plan for dealing with your credit score.

Once you have your credit report and your credit score, you will be able to tell where you stand and where many of your problems lie. If you have a poor score, try to see in your credit report what could be causing the problem.

When developing your action plan, know where most of your credit score is coming from:
👉Your credit history
👉Your current debts
👉 How long you have had credit
👉The types of credit you have

Looking for professional help? Dm me and let’s chat.

We make it our business to make sure you get the best credit possible. By following our advice, you’re quickly on your way to greater credit scores and a better financial future.

Secured credit cards, which come with a low limit and require a security deposit to access the account, are one of the most efficient ways to build or rebuild credit. They also don't hurt your credit score, because they fall under your personal credit history and not the 'merged' portion of your report. A secured card can be a great stepping stone on the road to finally getting that perfect piece of plastic in your wallet.