5 Smart Ways to Improve Your Credit Bureau Score

Credit Score
Image Source: Google

The better your Credit Bureau Score the better your chances of getting a loan. With the advent of digital lending, there are options now for borrowers to get easy, quick and hassle free loans without worrying about Credit Bureau Score at all. Any digital lending will however look at your credit history to make an analysis of how responsible you are in paying off your repayments and the steps you take in ensuring you remain out of debt.

Here are 5 ways to improve your Credit bureau score

Loan Repayments

  • Make all loan repayments on time before the EMI deadline date
  • Always have some spare cash or daily balance in your account to avoid a bounced EMI
  • In case of a default, approach the lender and pay off the amount immediately.

 

Credit Card Payments

  • Stay out of Credit card debt, it’s an expensive way to ruin your Credit Score
  • Ensure bill payments are done before EMI payment deadlines

 

Credit Bureau Score Report Errors

  • Although very unlikely, there are chances that the report might have some inaccuracies
  • Check if the lenders have sent a correct repayment history to credit score bureau
  • Raise a dispute with the credit bureau if you find any data discrepancies.

 

Increase Credit Utilization

  • Use it as a last resort in case of unplanned expenses
  • Check with the bank or credit card company for an enhanced credit limit
  • Do not use an increased limit to spend unnecessarily
  • Start budgeting so as to curb spending

 

Be wise while spending

  • Always keep a check on your credit utilization
  • Avoid using your credit card for all payments

 

14 thoughts on “5 Smart Ways to Improve Your Credit Bureau Score

  1. Pingback:5 Ways How You Can Maintain A Positive Credit History

  2. What’s up,I log on to your blog named “5 Smart Ways to Improve Your Credit Bureau Score” on a regular basis.Your story-telling style is awesome, keep doing what you’re doing! And you can look our website about proxy server list.

  3. Pingback:4 Steps To Remember When Closing A Credit Card

  4. Pingback:Homepage

  5. What i do not understood is if truth be told how you’re not acttually a lot more smartly-liked
    than you might be right now. Youu are very intelligent.
    You recognize thetefore considerably in the case of this matter, made me in myy opinion believe
    it from a lot oof numerous angles. Its like women annd men don’t seem to be
    interested unless it is one thing to accomplish with Woman gaga!
    Your ownn stuffs nice. At all times mainain it up!

  6. Hi there, I discovered your blog by the use of Google even as looking for a similar subject, your web site came up, it appears to be like great. I’ve bookmarked it in my google bookmarks.

  7. Do you mind if I quote a few of your posts as long as I provide credit and sources back to your blog? My blog site is in the exact same area of interest as yours and my users would certainly benefit from a lot of the information you provide here. Please let me know if this ok with you. Regards!

  8. Great blog! Do you have any tips and hints for aspiring writers? I’m planning to start my own website soon but I’m a little lost on everything. Would you advise starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m completely confused .. Any suggestions? Cheers!

Leave a Reply

Your email address will not be published. Required fields are marked *