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Glenda Moehlenpah
Financial Bridges
14334 Gaelyn Ct, Poway, CA 92064
Phone: 858-486-0100
Email: glenda@financialbridges.com
March/April 2019
Tips to Help Boost Your Credit Score
Your credit score is often the driver when looking for the best deal on a credit card or auto loan. Here are some steps to help increase your credit score:
- Check your credit scores. Get a free credit report every year from Equifax, Experian and TransUnion. Examine each for errors.
- Shrink your debt. You may want to start by paying off your credit card with the highest interest. This is one step to a better income-to-debt ratio and a better credit score.
- Expand your income. You might accomplish this step with a part-time job, overtime or freelancing.
- Automate your savings. Lower debt and more income means you can save more for big goals, including retirement. Make your IRA and 401(k) plan contributions automatic.
- Once you create a sparkling credit profile, check it regularly to keep it that way.
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