Even if you are one of the few who take pride in their impeccable credit score, anyone and everyone can benefit from our 9 fastest ways to increase your credit score by 100 points. The truth is, more often than not are people reluctant to share their score, and not because it is considered to be personal information (honestly, who doesn’t like to toot their own horn a bit when they are above average in anything?), but because they are simply embarrassed by that three-digit number.
Anyone who knows anything about credit and even those that have struggled with trying to raise their credit score can tell you: it’s a lot easier to hurt your credit score than to help it! With so many different variables that can have a negative effect on your credit score stacked up against what little you can do to actually significantly increase it, odds are the small mistakes you are making completely outweigh the steps you are taking—if any—to accumulate a higher, more satisfying number.
Although maintaining an exceptional credit rating can seem like a grueling chore, it can have an efficacious effect on certain aspects of your lifestyle. For instance, it can affect whether or not you are approved for a loan to use for something like buying a house, car, or even starting a business. In addition to the possibility of your credit alone making you incapable of getting a loan for these necessary items, it can also keep you from being able to finance these necessities, as well. Thinking about trying to land a good financial aid or a government job? Well, be sure to check your credit! While any job pertaining to finances and government tends to require a credit check as part of the hiring process, more and more employers are jumping on the bandwagon with this and run credit checks on potential employees.
Needless to say, it is definitely a good idea to start building credit as soon as possible and to even teach your teens to be responsible with their credit, as well! Either, to follow in your footsteps the path to a sterling credit score, or maybe to take a better path to ensure they don’t make the same mistakes you may have. Regardless, 6 Easiest Prepaid Debit Cards to Get For Teens is a good read to help you get them started, and you may even pick up a few ideas right here with the 9 fastest ways to increase your credit score by 100 points! But regardless of your age and credit, it would be smart to start applying all the items on our list to your routine, or at least as many as possible. In doing so, you can get your credit score in tip-top shape in no time, and will have no trouble maintaining a score that you can be proud of.