Tips & Tricks to Boost Your Credit Score

Home Buying

Apr 26

Hello My Friends,

I hope you are doing well!

I often get asked by friends/clients if I have any advice on boosting their credit scores when they are considering purchasing a home, a car, etc.

What I am sharing below may not apply to you, but I thought I would pass along the valuable information that provides easy tips and tricks for boosting credit scores in case you know anyone who can benefit from it!

I am always looking for ways to help my closest friends & family, and I hope you found this informative! I am always here to help if you need me!

Lower Your Credit Utilization

Keep your credit utilization below 30%. While paying off your credit card balance Is best, you can also try to lower it by requesting a credit limit increase from your credit card company.

TIP: To find credit card utilization, use the following formula:
Available credit limit
+ Credit card debt
= Your credit utilization

Request a Goodwill Deletion

If your credit history is in relatively good standing, but you have a missed or late payment that you believe is hurting your score, write a goodwill letter to the creditor requesting to have the negative mark removed.

Correct Credit

Check your credit report for errors and report any that you find. Even errors such as typos in your name or outdated address information can make it harder for lenders to verify your identity. This could affect your credit approval chances.

Use a Credit Boost Service

Credit boost services like Experian Boost allow you to build credit for your monthly subscription bills from services such as Netflix, Hulu, Amazon Prime, internet, or utilities.

Have a question about credit for a mortgage? Contact me!

CONTACT ME

And please feel free to share with anyone you know who can benefit from this! Have a great weekend! 🏡👨‍👩‍👧‍👦😊

Realtor Joshua Vigil
DRE# 01989117
The Hier Advantage Real Estate Sales & Service

Credit ScoreMortgage

Joshua Vigil

Voted Antelope Valley's Best Realtor in 2020, 2022, and 2024!

I'm a Realtor servicing all of California with specialty areas in Santa Clarita Valley, Palmdale, Lancaster, and San Fernando Valley. As a Realtor, my goal is to deliver the best service to my clients and for each client to know they are a valued customer and not a number. I complete these goals by staying educated in Real Estate Laws, Real Estate Data, and overall Market Trends. I keep close contact with all of my clients, provide updates as they are received, explain processes in-depth to ensure client understanding, and most importantly, I treat every customer the way I would like to be treated if the roles were reversed. Put your trust in me and you will be rewarded with excellent results!