2 ways to improve your credit score!

2 ways to Improve Your credit score!

Here are 2 ways that your can be sure to improve your credit score so when you go into the dealership you will be able to get a better rate!

 

 

 1. Never max out your Credit Cards!

 

While it is a good idea to use your credit cards to build up your credit score making sure to make all your payments on time and make sure to never ever max them out if you can avoid it! Maxing out your credit cards shows lenders that you probably don't know how to handle your money well and you will be less likely to get a loan or another credit card in the future!

 

2. Do your loan shopping quickly! 

 

When applying for credit card applications or loans or even mortgages if you apply to a lot of places over a period of time the credit score agencies will look poorly on this. If you are not sure where you are going to get your loan from make sure to do all your applications within a 2 week time period. This won't look as bad to the companies as you went to multiple at once and not one after the other.

 

This is just 2 ways in which you can improve your credit score and there are many others out there!

For more information visit our website atwww.pioneercreditcenter.com

 

Since your credit score gets pulled when you shop for a loan, submit applications to potential lenders within a two-week period. Having lots of credit inquiries can decrease your score. But the system won’t treat a cluster of credit inquires (for a car or home loan, for example) within a short time period unfavorably. - See more at: http://www.quickanddirtytips.com/money-finance/credit/how-to-raise-your-credit-score-fast?page=all#sthash.Qifb4MHj.dpuf

 

Since your credit score gets pulled when you shop for a loan, submit applications to potential lenders within a two-week period. Having lots of credit inquiries can decrease your score. But the system won’t treat a cluster of credit inquires (for a car or home loan, for example) within a short time period unfavorably. - See more at: http://www.quickanddirtytips.com/money-finance/credit/how-to-raise-your-credit-score-fast?page=all#sthash.Qifb4MHj.dpuf

Tip #5: Never max out your credit cards. A good rule of thumb is to keep your balances below 30% of your credit limit—even if you pay them off in full each month. For example if you have a card with a $3,000 credit limit, don’t rack up a balance that exceeds $900. It’s better to have two cards with balances that are each below 30% of your limit, than to have one card that you consistently max out. - See more at: http://www.quickanddirtytips.com/money-finance/credit/how-to-raise-your-credit-score-fast?page=all#sthash.Qifb4MHj.dpuf

 

A good rule of thumb is to keep your balances below 30% of your credit limit—even if you pay them off in full each month. For example if you have a card with a $3,000 credit limit, don’t rack up a balance that exceeds $900. It’s better to have two cards with balances that are each below 30% of your limit, than to have one card that you consistently max out.
- See more at: http://www.quickanddirtytips.com/money-finance/credit/how-to-raise-your-credit-score-fast?page=all#sthash.Qifb4MHj.dpuf

Tip #5: Never max out your credit cards. A good rule of thumb is to keep your balances below 30% of your credit limit—even if you pay them off in full each month. For example if you have a card with a $3,000 credit limit, don’t rack up a balance that exceeds $900. It’s better to have two cards with balances that are each below 30% of your limit, than to have one card that you consistently max out. - See more at: http://www.quickanddirtytips.com/money-finance/credit/how-to-raise-your-credit-score-fast?page=all#sthash.Qifb4MHj.dpuf

Tip #5: Never max out your credit cards. A good rule of thumb is to keep your balances below 30% of your credit limit—even if you pay them off in full each month. For example if you have a card with a $3,000 credit limit, don’t rack up a balance that exceeds $900. It’s better to have two cards with balances that are each below 30% of your limit, than to have one card that you consistently max out. - See more at: http://www.quickanddirtytips.com/money-finance/credit/how-to-raise-your-credit-score-fast?page=all#sthash.Qifb4MHj.dpuf

Tip #5: Never max out your credit cards. A good rule of thumb is to keep your balances below 30% of your credit limit—even if you pay them off in full each month. For example if you have a card with a $3,000 credit limit, don’t rack up a balance that exceeds $900. It’s better to have two cards with balances that are each below 30% of your limit, than to have one card that you consistently max out. - See more at: http://www.quickanddirtytips.com/money-finance/credit/how-to-raise-your-credit-score-fast?page=all#sthash.Qifb4MHj.dpuf