FIVE KEYS TO YOUR CREDIT SCORE- BASED ON THESE FACTORS:

35% Payment History, 10% New Credit, 10% Credit Mix, 15% Length of Credit History, 30% Amount of Debt

A low or inaccurate credit score can have costly consequences, poor credit could lead to higher home and auto insurance rates, some employers vet job candidates using credit reports, you may pay more, over a car loan with a low credit score.

TEN WAYS TO RAISE YOUR CREDIT SCORE:

1.Monitor your credit reports, 2.Pay bills on time, 3.Don’t apply for several credit cards at once, 4.Don’t always cancel unused credit cards, 5.Keep credit balances low, 6.Using a Rewards card for points, switch to cash or debit before applying for new credit, 7.Have a variety of credit, 8.Pay off debt in collection, 9. Get a secured credit card after a bankruptcy, 10.Have little credit-use new tools to boost credit score.

See Consumer Reports August 2019 for additional information.