Have you ever wondered if there was a way to boost your credit score without having to pay someone to do it for you? Well you are in the right place. Keep on reading to find out how to get your credit score above a 700.

While in college I remembered opening up a line of credit by getting a cell phone under my name with AT&T. This was the first thing I used to open up my line of credit. You should start with something low maintenance that is also consistent. Open your line of credit by getting something that doesn’t put you in debt at the same time.

1. Open an account that is consistent, under your name(Cell phone, utility, etc.)

I recommend this tip for people who have little to no credit at all. Getting a cell phone under my name did not give me much credit but it was a headstart for me. It gave me enough credit to help me get student loans in college without a cosigner.

2. If you have a habit of paying bills late, then keep everything on auto pay

I use auto pay for everything except for one bill. This ensures that nothing is late. When a bill is late, you not only have to pay a late fee but being late on bills can drastically affect your credit score. This is the primary cause of credit score problems with a significant amount of people. If auto pay isn’t for you, then I would suggest using a calendar to keep track of all upcoming bills that are due, or you can set them as events in your phone calendar.

3. Budget, budget, budget!

Never spend money that you do not have. Budgeting your money is the key to keeping your credit score in good standing. I also recommend keeping a calendar or creating an excel spreadsheet of your monthly expenses. Also, Dave Ramsey is the guru for living a debt-free life. He is a National best-selling author and radio host. He teaches you how to budget, beat debt, and build a legacy. Check out one of his books on Amazon by clicking this link! ------> https://amzn.to/2Zp8VxC

4. Choose a cosigner that is reliable

Always choose a cosigner that will back you up through hard times. A cosigner is a person who agrees to pay a borrower’s debt if he or she defaults on a loan. The person who is asked to cosign on a loan is likely a person who has good credit, which improves the borrower’s chances of approval on the loan. If the cosigner is nowhere to be found when you default on your loan, then you’re screwed. Both you and the cosigner are at risk of credit score dropping significantly, if the loan is defaulted and the cosigner doesn’t make any payments.

5. Keep track with a credit monitoring website

The credit monitoring program I use is Credit Karma. They give you the tools needed to keep your finances on track. The first thing they give you is free access to your credit scores, reporting, and monitoring. Also, they help you with disputing errors and give you options for lower interest rates. One thing I really love about them is that they show you a balance of each loan or credit card you have. This helps me break down how many months and/or years I have left on a balance. To get started on your free credit monitoring click this link. ----->

www.creditkarma.com.

Well there you have it! Those are 5 tips that I recommend to boost your credit score. Remember to like, share and subscribe to my blog!