HOW TO GET A CREDIT SCORE OF 800 in 2021

Subscribe to The Finance Zone➡️ https://www.youtube.com/c/FinanceZone... WATCH NEXT 👇 The SECRETS The Rich DON’T Want You To Know.. ✅   • The SECRETS The Rich don’t want YOU To Kno...   You Will STAY Broke If You Keep Thinking Like THIS... ✅   • Video   20 BEST Online Business Ideas In 2020 For Beginners ✅   • GREATEST Online Business Ideas In 2021 For...   Top 20 BEST Small Business Ideas For Beginners (2020) ✅   • Top 20 BEST Small Business Ideas For BEGIN...   RELATED VIDEOS: How To Get A PERFECT Credit Score With $0 Dollars ✅   • How To Get A PERFECT Credit Score For $0   How To Get An 800 Credit Score In 45 Days ✅   • GET AN 800 CREDIT SCORE IN 45 DAYS FOR 2025   How To DRAMATICALLY Increase Your Credit Score ✅   • Video   How To Increase Your Credit Score FAST In (2020) ✅   • HOW TO INCREASE YOUR CREDIT SCORE FAST IN ...   1. Check out errors on Your Credit Reports Regularly checking your credit report and credit scores are the critical first step. When you check your credit score, you’ll see a list of specific factors affecting it. Focusing on those factors first is the best way to start improving your credit scores. 2. Pay Your Bills on Time When lenders review your credit report and request a credit score for you, they're very interested in how reliably you pay your bills. That's because past payment performance is usually considered a good predictor of future performance. 3. Apply for New Credit Sparingly – This increase your overall credit limit, but creates a hard inquiry on your credit report, which has a negative impact your credit score, though this effect will fade over time, the inquiries remain on your credit report for two years. 4. Don't Close Unused Credit Cards The age of your credit history matters, and a longer history is better. If you must close credit accounts, close newer ones. If done in a smart way unused credit kept open cards will not cost you money in annual fees ,because closing an account may increase your credit utilization ratio. 5. Pay off Debt and Keep Balances Low on Credit Cards and Other Revolving Credit The credit utilization ratio is another important number in credit score calculations. It is calculated by adding all your credit card balances at any given time and dividing that amount by your total credit limit. If you use multiple credit cards and the amount owed on one or more is close to the credit limit, pay that one off first to bring down your credit utilization rate. 6. Consider a Debt Consolidation Plan – This usually involves taking out a new loan at a low interest rate in order to pay off loans and balances that have higher interest rates. A debt consolidation plan may also be used to restructure the terms of your debt, reducing your monthly payments by paying the loan off over a longer period of time. 7. Set Up Automatic Bill Payments An automatic bill payment is a money transfer scheduled on a predetermined date to pay a recurring bill. Automatic bill payments are routine payments made from a banking, brokerage, or mutual fund account to vendors. Automatic bill payments helps protect your score from the adverse effects of a missed payment by putting your bills on autopay. 8. Pay Down Balances The second-most crucial component in your score is how much debt you're carrying compared with your credit limit—your credit utilization ratio. In 2020, make it a goal to reduce any high interest credit card debt first, since that likely costs you more money in interest than, say, an auto loan or federal student loan does. 9. Limit New Lines of Credit When you apply for a new credit card or loan, a hard inquiry will appear on your credit report. That may lead to a brief dip in your score. Plan to apply only for the credit you truly need, after you've done enough research to understand which accounts you'll likely qualify for. That means avoiding multiple hard inquiries cluttering your credit file. 10. Limit Loan Applications to a Short Time Period Lots of hard inquiries in a short time could be an indication to lenders that you're searching for lines of credit you won't be able to pay. Smart borrowers, though, will apply for a few loans of the same type to compare rates. For that reason, Finance Zone - Finance Zone is the #1 business channel to make money online, learn profitable side hustles, and more to make money online fast! You can see the cool entrepreneur life and learn all about online business to earn online. We teach you how to make money online and how to earn money online. We post videos about business ideas, trends, motivation, strategies, cash flow, advice, tips, and more to help you succeed in your entrepreneurial journey!