People who struggle with their credit scores can improve their financial life by boosting their scores with these hacks provided by a veteran credit specialist.
– The triage process, which is essentially prioritizing which debt is affecting your score the most.
-Write a ‘goodwill adjustment letter,’ which is used to help remove a missed payment you might have forgotten to make that greatly affect your score.
-Pay off the higher-balance credit cards first and make sure you try to achieve a ‘0 balance’ at the time of their statement date.
-Contact your financial institution and request a lower interest rate.