1 / 6

How to build a good credit score

How to check credit score? Look for u2018my credit scoreu2019 with Clix Capital to make sure you check your score and improve your score. With time, you will get a score above 750 from the above-mentioned activities. It helps you cover all your big-ticket expenses by making you eligible to borrow high-value loans. A credit score above 750 makes an individual creditworthy. You need to make sure that you build your u2018my credit scoreu2019 with the best activities over time. Hereu2019s how you can build a good credit score. <br>https://www.clix.capital/check-credit-score/<br>

homeloan
Download Presentation

How to build a good credit score

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How to build a good credit score

  2. Keep your credit utilisation ratio balanced Your credit utilisation ratio is very important to improving your credit score. It is crucial to keep credit limit utilisation below 50% of the available credit limit. You cannot exhaust 100% of your credit limit if you are trying to bounce back from a low credit score. Individuals that completely exhaust their credit limit do not represent themselves as responsible borrowers. It is not a good credit practise to completely utilise the entire credit limit offered on your credit account or credit card.

  3. Saturate your credit mix It is important to manage your credit mix in the right manner. When you saturate your credit profile with both secured and unsecured loans, the credit mix is always balanced. Saturating your credit mix will always help in improving your credit score. Make sure you do not keep taking any kind of loan that makes it difficult for you to repay. If you consider that having no loan will improve your credit score, you are thinking wrong.

  4. Identify and correct errors and omissions in credit reports It is very important to check your credit report from time to time in order to detect errors and mistakes. Errors and negative comments damage your credit score without your fault. Therefore, it is very essential to consider the credit score check option regularly. When you report the errors and mistakes, you will always see an improvement in your credit score. Negative comments and errors dip your credit score by 50 to 70 points. Learn how to get a business loan.

  5. Keep your credit accounts open How to check credit score? Look for ‘my credit score’ with Clix Capital to make sure you check your score and improve your score. With time, you will get a score above 750 from the above-mentioned activities.

  6. Thank You For more information please contact: Clix Capital Services Private Limited Email: hello@clix.capital | Mobile: 18002009898

More Related