700 And Higher: The American (Credit Score) Dream

Three major credit bureaus — Experian, Equifax, and TransUnion — regularly collect information about your payment history, while your credit report contains additional details regarding your payment history, credit utilization ratio and any open and closed credit accounts.

The information in your credit report is used to calculate a three-digit credit score, which lenders then utilize to evaluate a borrower’s likelihood of defaulting on a loan.

By having a higher score, you’ll typically qualify for loans or credit products with lower interest rates and more favorable terms.

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How To Improve Credit Score 100 Points

📊 Is Boosting Your Credit Score 100 Points Really Possible?

If your credit score is lower than you’d like, there may be fast ways to bring it up.

Scores in the “fair” and “bad” areas of the credit score ranges could see dramatic results.

Here are 9 strategies to quickly improve your credit:

  1. Pay credit card balances strategically
  2. Ask for higher credit limits
  3. Become an authorized user
  4. Pay bills on time
  5. Dispute credit report errors
  6. Deal with collections accounts
  7. Use a secured credit card
  8. Get credit for rent and utility payments
  9. Add to your credit mix

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