3 simple tips to improve your credit score

1- Pay off some of your debt:
Point to the Mr. obvious. Yes, you should pay your credit card debt if you want to improve your score. if you owe most of your available credit balance, you score will not improve and might over time even decrease. experts recommend keeping debt under 30% of your available credit. This represents a person with financial control and that is capable of paying off its debt.

2- Open a new line of debt:
If your credit score is average or above and your current debt is under 30% of your total available credit, one easy step to increase your score is to apply for a new credit line. I recommend applying for a credit card that will offer you some benefits. Either lower interest rates or cash back rewards are great. If you score is currently below average, focus in tip# 1 before you apply for more credit!

Chase Freedom offers a $150 sign up bonus after you spend $500

3- Actualized your information with the banks:
we often change jobs or get promotions and raises. As it should be getting more credit is not the first thing in our minds. However, when you a looking to increase those little points which decide what mortgage rate you get, it's important to update the bank information to what really is going on in our lives. Who knows you might even qualify for a credit increase!

Pro Tip: renegotiate your credit card arrangement with your bank. Give those bazillionaire companies a call and ask them for a credit increase if you need it. Are you struggling to pay all those interests? Ask them to lower them. You will not lose anything for asking!