How To Improve Your Credit Score

Gilroy Toyota Finance Department

Having a high credit score is one of the best things you can do for your financial future. Unfortunately, it isn't easy to improve your credit score, especially if you don't know how to start in the first place. A good start would be, well, right here. Here are a few things you can do to help improve your credit score over time!

  • Check Your Report - The first step to improving your credit score is knowing where you currently stand. Start by requesting a free copy of your credit report and examine it thoroughly. Report any errors to the credit bureau immediately and make sure there aren't any late payments or account balances that are incorrect!
  • Reduce Debt - The next step to take towards improving your credit score comes in the form of paying off your debt. First, paying off debt is a reward in itself, even without increasing your credit score. If you have a bad habit of overusing credit cards, get rid of them. Make a list of all of your credit accounts, check the balances, and make a payment schedule that you can adhere to.
  • Set Up Reminders - Something every credit user should do is set up payment reminders. Doing so ensures that you won't miss a payment that will leave a stain on your credit report. Consider enrolling in automatic payments if you're forgetful or have trouble sticking to schedules.