By disputing errors on your credit report and closely monitoring your score with Credit Karma, you can improve your credit health. Paying down debt and building a history of on-time payments can go a long way to improving your credit health.
Improving your credit heath is a worthwhile process. With a higher score you will enjoy lower interest rates and have an easier time obtaining credit.
The first thing you should do to begin improving your credit health is to check Credit Karma’s Free Credit Report Card to see what your score is, what factors are contributing to your credit score, and how you might best be able to improve your credit health. You can also use Credit Karma to track your score as it changes over time.
Next, you should access your free credit report from AnnualCreditReport.com. Review the information on each of your reports thoroughly so that you may dispute any inaccuracies with the three major credit bureaus, Equifax, TransUnion, and Experian.
Another good way to begin improving your credit health is to pay down credit card debt to lower your credit card utilization percentage. A low debt-to-credit ratio can have a strong, positive impact on your credit score.
If you‘ve missed credit card or loan payments in the past, you might want to set up automatic reminders on a calendar to make sure you build a history of on-time payments. Your payment history is one of the main contributing factors to your credit score.
Continue to monitor your credit score with Credit Karma. Before you make any major credit decisions, try simulating them with Credit Karma‘s Credit Simulator. You‘ll have a better sense of how your actions affect you and how to most effectively improve your credit health.
Register for free right now to see your Free Credit Report Card and check to see if you have a good credit score. Remember, there are never any hidden fees or obligations with Credit Karma.