Boosting your credit score
Published September 25th, 2005 in FinanceYour credit rating is a crucial factor in determining the rate you can get for a home loan. CNN/Money offers these five tips for boosting your score:
- Pay your bills on time
- Keep balances low on credit cards
- Don’t open a number of new credit cards you don’t need
- Have credit cards, but manage them responsibly
- Closing an account doesn’t make it go away