Tuesday, 18 March 2014


4 ways to improve your credit score

A good credit score shows that you are on the right footing for a brighter future. Getting a good credit score is easier than maintaining it .In order to improve your credit score, you need to adopt all of the following:
  • 1.       Ascertain your credit score: it’s not possible to improve your credit score without ascertaining your credit score. This can be done by visiting .
  • 2.       Eliminate credit card debt: A bad credit score entails that your credit card debt is high and needs to be fixed. In order to improve it, you need to pay off your credit card debt sooner than latter. This can be done via the following methods:

a.       Pay a regular sum of money in order to liquidate this debt.
b.      Look for a debt consolidation company to assist you achieve this aim.
c.       Approach the credit card company to freeze the interest charges,so that you can pay the principal,and subsequently, the accumulated interest charges.
  • 3.       Regular savings: saving a proportion of your income will go a long in helping you stay out of debt, which in turn improves your credit score. Regular savings have  a multiplier effect which is capable of helping you improve your credit score.
  • 4.       Spend frugally: Don’t be extravagant with your spending. Spend on the things you need, while all other spending should be postponed till a future date.

Wednesday, 21 August 2013