You may not think about your FICO credit score very often, but that doesn’t mean it’s not important. Your credit score basically tells lenders how reliable you have been in the past when it comes to paying your debit. Those looking up their FICO credit scores in Dallas, TX, are sometimes surprised when they find out their score is lower than they thought, leading to higher interest rates or even getting denied for a loan. Use these three tips to get your credit score as high as possible.
- Credit Limits – Ask your credit card company to raise your credit limits. If you have made your payments on time so far, they are likely to give you an increase. This will increase the gap between your debt and available credit. This is one of the most important factors regarding your credit score.
- Pay Bills on Time – This seems obvious, but you may be surprised how many people don’t’ do it. Pay your bills on time each and every month and you will start to see your credit score rise over the course the of the year. Being reliable is one of the best ways that people raise their FICO credit scores in Dallas TX.
- Don’t Apply – If you apply for a credit line and are denied, it could have a negative effect on your score. Be careful when considering what cards or loans to apply for and only strive for ones that you think you are likely to be approved for.
If you use these three tips, you are likely to see a noticeable rise in your credit score over time.