October 26, 2020
Improve Your Credit Score With These Simple Tricks
How to Get a Better Credit Score in Florence, Alabama
Improving your credit score doesn’t have to be difficult. In fact, people with abysmal credit do it every single day! You simply have to focus on the things you should do to protect your credit and avoid doing the things that cause your score to drop, even by just a few points.
If you’re working on improving your credit, but find yourself needing extra money to cover expenses, don’t visit your local bank branch, where your credit score will take a hit just for inquiring about whether you qualify for a loan. Instead, visit Select Title Loans in Florence to get a loan that won’t negatively affect your credit score and get you out the door with cash in hand in as little as 20 minutes.
While Select Title Loans handles how to get you cash fast today without hurting your credit score, you can focus on improving your credit score with these easy tricks.
Check Your Credit Report
First things first, you must know what credit score you are working with. You can get your free credit score from three major credit reporting bureaus once per year: Experian, TransUnion, and Equifax. You should not have to pay for these credit reports, so don’t be fooled by websites that tell you that you need to subscribe to their service to check your credit.
Once you get your credit score reports, make sure to go over each one of them (from each agency) very thoroughly. Even the smallest details matter.
There are some things you should be looking for, like making sure there is no incorrect information or that nothing is missing that might actually improve your credit. These are some things you should be looking for to ensure there are no discrepancies:
- Variations of your name you’ve never gone by
- Any addresses you’ve never lived at
- Accounts you don’t remember having, or accounts that you know you have that aren’t listed
- Accounts, late payments, and credit inquiries that should have fallen off your report
You should never see a car title loan inquiry on your credit report, because we don’t check your credit before issuing them. If you do see a hard loan inquiry on your report, know that it wasn’t because you borrowed a short-term loan from us.
Usually, negative information, such as late payments and collections will fall off your report after seven years and inquiries will only stay on your report for one year. Make sure to highlight any mistakes, and then dispute these errors with each credit reporting bureau.
A lot of Americans have errors on their credit reports that are negatively affecting their credit score. You could potentially be one of these people. Going over your credit report with a fine-tooth comb is important, and noting all of the errors is equally as important, but what do you do with that information?
You can find the full list of steps you should take to correct an erroneous credit report on the Federal Trade Commission (FTC) website. In short, you will need to write a letter to each credit reporting bureau and attach copies of the reports, with the errors highlighted, and send it to them. The agency will respond to your disputed credit report within 30 days on average, and you could then be entitled to another free credit report. Don’t be surprised if you see your score go up rapidly after you dispute incorrect information!
Pay Every Bill on Time
Your payment history is the most important piece to keeping your credit score high. Paying bills on time helps this. Setting reminders for your bills on your smartphone or writing down due dates in a calendar you look at often can drastically help if you’ve been known to forget bill due dates in the past.
If it’s an issue with cash on hand and being able to afford your bills by their due dates, setting up an emergency cash fund to keep your bills paid would be another simple trick. This is where Select Title Loans comes in handy; with the multiple options you have to get cash today and quickly, you can start setting up your emergency cash fund for “forgotten” bills you might have with the spare money you have left over after paying off your title loan.
Get Approved for a Credit Card
Getting a secured credit card is another easy way to start improving your credit score today. A secured credit card works the same way as a regular credit card, but as soon as you are approved, you will send them money to pre-fund the card. This amount of money becomes your credit limit.
Or, if you have a regular credit card, you can use it to improve your credit score, too. Here are a few tips to start improving your credit score almost immediately:
- Keep your credit utilization under 30 percent of your available limit.
- Make frequent micropayments – like paying off your card every day after you use it, if necessary.
- Never miss a payment or send it in late.
Avoid Unnecessary Hard Credit Inquiries
Everyone receives offers for different types of credit cards, some with very attractive benefits. Be wary, though, because inquiries for your credit score will show up on your report, therefore lowering your credit score.
If you need a credit card, then you should only apply to one with the best benefits for you. Your local bank branch may even offer a credit card that can be tied to your online banking, so it is easy to pay off. Choose only one credit card, and stick with it. Pay it off every time you use it, and don’t let your balance accrue interest.
Use a Check Advance to Get Yourself Between Paychecks
Getting a check advance at Select Title Loans is simple, private, and quick (the whole process takes less than 20 minutes) to get you cash to bridge to your next paycheck. Select Title Loans never checks your credit score; your approval is based on proof of your steady employment history and your ability to pay back your loan.
Your payday loan will never be reported to any major credit bureaus, so your credit score won’t be negatively affected by using a short-term loan.
How Car Title Loans Can Help Get You Cash Fast Today
If a payday loan won’t work for you right now, you can apply for a car title loan in Alabama. Bring in your car title and vehicle to Select Title Loans to get a short term loan that you will repay in 30 or 60 days.
If you have a lien-free car title and need extra cash, you can get approved in under 20 minutes at Select Title Loans in Florence. Bring in your car, your car’s title, and photo ID and you will get approved based on your vehicle’s value, your cash needs, and your budget. Since you are using your car’s lien-free title as collateral, your credit won’t be checked, therefore you won’t have a hard inquiry on your credit report.
Get Your Check Advance or Car Title Loan Today
While you are working on improving your credit score, the professionals at Select Title Loan will get you the cash you need today. Get a check advance while you wait for payday, or get approved for a car title loan for extra cash in your pocket.
Contact us online, come in and chat with one of our friendly financial professionals in person at 1203 N. Wood Avenue in Florence, or give us a call at 256-767-2100 to learn how you can get your car title loan from your Select Title Loans in Florence today.