Here are some helpful tips to improve your credit score
How to Improve your Credit Score
Helpful tips to our customers
Improving your credit score takes time, dedication, and patience. The good thing is that most people can easily fix their credit score one step at a time. The best way to improve a credit score is to show consistent payments on your credit report. Many people think that since they have bad credit, no one will give them a chance to improve their score. However, here at Rudolph Inc. we will give you the opportunity to improve your credit score AND buy a car.
How to improve your credit score with a car loan from Rudolph Inc.
Make your car payments on time:
- By making you car payments on time every month, your credit report will show that you have been making positive progress. Over time your credit score will gradually reflect this in a postive way making your score go up!
Set payment reminders:
- We all forget important tasks every so often. However, setting payment reminders either on your phone, or your email, or even a calendar on your wall can decrease the chances of getting a late payment.
Enroll in your bank's automatic payment plan:
- Never forgot a payment again! By enrolling in your bank's online Bill Pay you'll never have to remember to make your payment again. For more information about how this process works contact us today!
How to improve your credit score in general.
Check your credit report!
- Did you know that you can check your credit repot for free once a year? One out of five consumers have serious errors on their credit report? Don’t be one of them! 49% of consumers in America check their credit reports. - You can check your credit report from all three bureaus (Experian, Equifax, TransUnion) for free once a year. Just go to www.annualcreditreport.com and follow the instructions.
Dispute any inaccurate information on your credit report.
- Each reporting bureau has a process of disputing. You can find the information on www.annualcreditreport.com.
Establish a good payment history
If you have late payments on your credit, get those accounts current immediately and keep them current. The longer you have a good payment history, the better your score is. Payment history is 35% of your credit score!
Only apply for credit if you need it.
- A hard inquiry is shown on your credit report when you apply for any type of credit. Having too many inquiries will reduce your score.