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How To Increase Your Credit Score | 5 Simple Ways

Tae Kim - Financial Tortoise 7:27

2,359 views · 171 likes Watch on YouTube ↗

Credit is important in today's society. If you don't have good credit, it can be difficult to get a loan for a house or even buy a car. In this video I share five easy ways to increase your score and how to stay on top of your finances!

Timecodes:

0:00 - Intro
0:37 - Why do you want to pay attention to your credit score?
2:21 - What Is a Credit Score, aka FICO Score?
3:29 - Ways To Increase Your Credit Score
3:46 - First Way - Automate Your Payments
4:11 - Second Way - Keep Your Credit Utilization Ratio Below 20%
4:42 - Way Number Three - Not to Open Too Many Accounts
5:19 - Way Number Four - Once You Open Accounts, Don’t Close Your Accounts
5:44 - Way Number Five - Keep An Eye Out For Any Errors Or Mistakes On Your Credit Report and Dispute Them If Necessary

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

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Category (YouTube): Education

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