How to Raise Your Credit Score Without Credit Card
Having a low credit score can affect your life in many ways. When it comes to rebuilding your credit score, it seems that everyone’s advice is to get a credit card. However, in most cases, if you have poor credit, you only qualify for a secured card. Sometimes a lump sum like that can feel un-doable, even with the best of intentions to improve your credit score. Or, you worry that you won’t be able to monitor your credit card spending. Here are some great ways to boost your credit score without a credit card, from an attorney.
Attorney Reveals Credit Boosting Tips
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Self Report your Rent
There’s a regular bill you pay all the time, probably on time if you want to place to live, and that is your rent. Unfortunately, private rental agreements do not get reported to the credit bureau. Let’s change that. There are rent payment services available that allow you to process your rent payment electronically, and report your payment history to the three major credit reporting agencies. There is an additional fee for this service, but you will get credit for paying your rent on time. Some examples of these services are clear now.com and payyourrent.com.
Research
When was the last time you looked over your credit report? A lot of people just assume that what their credit score reflects is accurate, but there may be errors on your credit report. You could be past the statute of limitations on that debt, or there could be complete misrepresentations that need to be fixed. Take a look at your credit report, and consult an attorney to ensure that everything on your credit report is legally allowed to be there.
Managing your credit as an important part of planning for your future. Avoid more debt and help boost your credit score by using the credit building tips.
Sources: PayYourRent.com
