Frequently Asked Questions(FAQ)

Is it possible to improve your credit scores quickly?

If you need to build good credit quickly, the best thing is to continue paying your bills on time and use less of your available credit. These two strategies can result in a credit score boost in as little as 30 days.

Why did my credit scores change?

The most common reason consumers see their credit score change is balance changes, opening new accounts, failure to make on-time payments, or closed accounts falling off their credit report.

What can you do with a 700 credit score?

A credit score of 700 means that you are in the good credit score range (sometimes referred to as a credit score rating) defined by both FICO and VantageScore. This means you should have access to lower rates on credit cards and personal loans.

What is a good credit score for my age?

A good credit score, regardless of age, generally falls between 700 and 749. Of course, the higher, the better. Because it can take some time to develop a credit history and good financial habits, generally, the older you are, the better your score. When you are younger, developing good financial habits and building good credit will pay off later with a higher credit score.

What are common mistakes people make regarding their credit?

Knowing the common mistakes people make about their credit scores and how to correct them can help build a good credit rating. The biggest mistakes are not paying bills on time, taking on too much credit, paying only the minimum amount due each month, and not checking your credit report often.

About the Authors

Ann Schreiber Seasoned Copywriter & Content Marketer

Written by: Ann Schreiber

Seasoned Copywriter & Content Marketer

Ann has been a marketer and a content writer for over 20 years. She have worked for financial institutions such as FICO, Experian, and BlueChip Financial as a director of content and brand marketing.

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Kal Salem

Fact checked by: Kal Salem

CPA, PMP and Finance Consultant

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA Services LLC.

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