By Jamahl Hokstam 

This is part two which is probably the most important! Here we will focus on actually building your credit back up if you have a low score or even if you just want to make improvements to where you are.

Building your credit score can take time, but there are a few tips and hacks you can use to improve your score in as little as 90 days:

Make on-time payments: Your payment history is one of the most important factors in determining your credit score. Making on-time payments for all of your bills, including credit cards, loans, and utilities, can help boost your score quickly.

Keep credit card balances low: Credit utilization, or the amount of credit you use compared to your total credit limit, is another important factor in your credit score. Keeping your credit card balances low, ideally below 30% of your credit limit, can improve your credit utilization and help raise your score.

Become an authorized user: If you have a friend or family member with good credit, you can ask them to add you as an authorized user on their credit card. This can help improve your credit score quickly, as long as the primary cardholder has a good payment history.

Request a credit limit increase: If you have a good payment history with a credit card issuer, you may be able to request a credit limit increase. This can help improve your credit utilization and boost your credit score.

Check your credit report: Your credit report may contain errors that are negatively impacting your credit score. By checking your credit report for errors and disputing any inaccuracies, you can improve your score quickly.

Use Experian Boost: Experian Boost is a free service that allows you to add positive payment history for utilities and telecom bills to your credit report. This can help improve your credit score quickly, especially if you don’t have a long credit history.

It’s important to remember that building your credit score takes time, and there are no shortcuts to achieving a good score. By following these tips and making responsible financial decisions, you can improve your credit score over time and access better credit terms in the future.