Wednesday we broke down what your credit score means and how it can help or hurt you when applying for a mortgage loan, today we are going to break down how to improve your credit score!

Here are 8 tips that can help you improve your credit score:

  1. Get your credit report – check for errors missed payments and other bad marks
  2. File a Dispute – Dispute any errors with each of the three credit bureaus, you can also try this with legitimate bad marks
  3. Switch Up Your Debt – Consolidating your revolving (credit card) debt into non-revolving debt in a personal loan is a better type of credit. Just don’t max out the cards again
  4. Ask for a Limit Increase – Getting your cards limit increased improves your credit utilization ratio
  5. Add Rent to your Credit Report – You can earn credit for those on-time rent payements by using sites like RentTracker
  6. Get a Cosigner – If you aren’t able to get a loan on your own, getting a cosigner can help you start building an awesome credit history
  7. Ride Piggyback on Someone’s Card – Get added to someone’s credit card so their on time payments help your credit score
  8. Get Tough with Creditors – Negotiate with lenders, especially those with whom you’ve maybe missed payments.
  9. Payoff Maxed-Out Credit cards first – and then pay the rest off, always try to make more than 1 payment a month and more than your minimum payment
    Well we hope these tips were able to help you get a better idea as to how to improve your credit! Have a great weekend 🏡
* indicates required

Join Our Newsletter

Subscribe to our newsletter for the latest news and articles straight to your inbox

Leave a Reply

Your email address will not be published. Required fields are marked *

Get in Touch

    By entering your contact information, you are providing express written consent for Total Quality Lending to contact you at the email and number you provided via telephone, mobile device, automated means like autodialing, text SMS/MMS and pre-recorded messages, even if you are registered on a corporate, state, or federal Do Not Call list. You are also acknowledging and agreeing to our terms of service and privacy policy. Consent is not required to use our services.

    Total Quality Lending

    7700 Irvine Center Drive,
    Suite 760, Irvine, CA 92618
    Phone : (949) 860-7710
    Email: TQLinquiries@TQLend.com

    In no event will Total Quality Lending be liable for any loss or damage including and without limitation to indirect or consequential loss or damage, or any loss or damage whatsoever arising out of, or in connection with, the use of this website. This is not an offer for extension of credit nor a commitment to lend. Programs, rates, terms and conditions subject to change without notice. Certain restrictions may apply. All approvals subject to underwriting guidelines. Not all applicants will qualify.
    Total Quality Lending is a registered DBA of Western Express Lending NMLS # 1457930. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Western Express Lending, NMLS# 1457930. Phone (949)-234-6279.
    These materials are not from HUD or FHA and were not approved by HUD or a government agency.
    Equal Housing Lender. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License No 41DBO-78367, Licensed by the Department of Business Oversight under the California Financing Law, NMLS #2289. Loans made or arranged pursuant to a California Residential Mortgage Lending Act License.

    Copyright © 2021 Powered by Western Express Lending.