Checklist for Boosting Your Credit Score

The average American's credit score is 723. Having a high credit rating will help you with your AZ Refi application, and final rates.   In fact, the first thing you should do when applying for a n AZ Home Loan, is to obtain your credit report, check it for accuracy, and be aware of any issues that come up.

Moving forward, here's a checklist for increasing your credit score

1. Pay on Time Every Time 

Every lender wants to know that you will pay your bills on time, and preferably in full, every time.

2. Use a Variety of Credit

A mix of mortgage loans and credit cards shows that you are adept and able to pay back a variety of both large and small financial promises.

3. Keep Your Accounts Open For A Long Period of Time

Don't open accounts to take advantage of a free offer or points, and then close it right away.  The longer your credit history with an account, the higher your credit rating will be.

To see all of the factors that affect your personal credit score, you should check your credit report.  See your Credit Score for $0 at CreditReport.com.  It’s Free and available in seconds..  They will give you a free detailed, personalized analysis of your credit report with advice on how to improve it. (And checking your own credit report will not hurt your credit score.)

Your credit report  will show you details like accounts with past late payments, the various types of credit you've used, current balances and recent requests for credit. You also have the opportunity to fight negative or wrong information on your file. They can also refer you to credit repair agencies if you need additional support.