Seven tips to boost your credit score
News from WDBJ7:

Another hidden hole that could sink your score, don’t co-sign for someone if you’re not completely sure they’re dependable. Also, avoid credit card introductory offers, lenders like loyalty and stability.  Be sure to settle any outstanding tax liens and don’t let student loans come back to haunt you.

“A lot of the student loans, the vast majority are backed by the government, and they’re not dealing with those debts, they’re not doing something to resolve the obligation, that’s going to have a huge obligation on their credit score going forward,” says Malissa Giles of Giles & Lambert, P.C.

Tip six is a biggie.  Something as small as a $ 20 parking ticket can impact your credit score.

“Cities are under more pressure to collect debts and so one of the main revenues for some places, and they have these outsourced to different companies,” says Tracy Giles

Rounding out the seven tips, if you check out a book from the library, return it.  Again, if your hometown library is aggressive about late fees, they could be turned over to a collection agency and that could come back to haunt you.

…………… continues on WDBJ7
… Read the full article
.

Related News:


Comments are closed.