Few Credit Tips

Below are a few credit tips I thought you might find helpful:

1. Pay your bills on time: Late payments can have a negative impact on your credit score

2. Keep your credit card balances low: High balances can indicate that you're overextended

3. Monitor your credit report: Make sure there are no errors that could be hurting your score

4. Don't close old credit accounts: Having a long credit history can improve your score

5. Be selective about applying for credit: Each application can result in a hard inquiry, which can temporarily lower your score

6. Use your credit: Show lenders that you are capable of managing the credit you have access to

Remember, a good credit score can open doors to better loan terms and lower interest rates!

Information obtained from Dominion Lending Centres and Adil Virani.