Q- Jim, How can I improve my credit score? www.wheelsanddeals.ca
A…Credit Tips…8- If your credit score is not as high as you like, are you paying higher interest rates or worst you cannot obtain a car loan and need to get to work! Improve your credit score, always pay your bills on time, utility bills, phone, cable, electricity, etc. Pay at least the minimum amounts on your monthly statements and reduce credit cards and loans to 35% balances. Pay your debts on time. Do not go over your credit limits on credit lines and credit cards. Reduce number of credit applications (credit hits). Make sure you have a credit history, surprisingly bad credit is better than no credit..(next week Tip, on Building Credit History)
Ask the Expert… mailto:gilbert@wheelsanddeals.ca
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