Free Credit Building Course: https://skl.sh/3f96PwK
Here is how to increase your credit score to get a perfect 800 score and qualify for mortgages, credit cards, and loans. Your credit score is made up of 5 factors and in this video I am going to walk you through all 5 factors so that you can understand how they impact your credit score and how you can increase your credit score over time.
1. Payment History
2. Credit Utilization
3.Length of Credit History
4. Recent Credit Inquires
5. Types of Credit
The largest factor to your credit score is payment history and the best way to handle this is to automate all of the payments to anybody that is reporting your credit. This will make sure that you never miss a p[payment and the Credit Bureaus will have to report positive credit payments.
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DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am only sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
