{"id":17075,"date":"2022-11-03T09:23:06","date_gmt":"2022-11-03T14:23:06","guid":{"rendered":"https:\/\/trueskycu.org\/?p=17075"},"modified":"2022-11-03T09:23:06","modified_gmt":"2022-11-03T14:23:06","slug":"5-ways-to-improve-your-credit","status":"publish","type":"post","link":"https:\/\/clientweb.dev\/tscu\/5-ways-to-improve-your-credit\/","title":{"rendered":"5 Ways To Improve Your Credit"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1352px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p><span style=\"font-weight: 400;\">Looking for ways to improve credit scores? You\u2019re not alone. <\/span><a href=\"https:\/\/www.consumerfinance.gov\/\"><span style=\"font-weight: 400;\">Studies <\/span><\/a><span style=\"font-weight: 400;\">have shown that nearly 1 in 4 adults in the U.S. have what\u2019s considered to be a poor credit score. Poor credit score typically means a credit score of 580 or below. If you\u2019re a part of that statistic, don\u2019t fret! True Sky Credit Union has listed five ways to improve your credit below. All it takes is a little work, financial planning, and taking responsibility for your financial habits to increase credit scores. But before we jump into our five tips on how to improve credit scores, let\u2019s briefly talk about why having a good credit score is so important.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having credit is part of financial power, meaning it helps you get things you need now and in the future, for example, a loan for a car or even the ability to get a credit card. It\u2019s all based on your promise of paying back the loan later. Having good credit helps ensure that you\u2019ll qualify for the loans you need <\/span><i><span style=\"font-weight: 400;\">when<\/span><\/i><span style=\"font-weight: 400;\"> you need them. So without further ado, here are True Sky Credit Union\u2019s five tips to improve your credit score.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How to Improve Credit Score<\/span><\/h2>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Pay your bills on time<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Paying your bills on time is easier said than done for most people, but paying\u00a0 your bills on time makes a world of difference for your credit score. Whether or not you have a history of paying your bills on time is the main contributor to having a good credit score. Missing payment due dates could affect your credit score for years to come\u2013not a good thing! If you\u2019re struggling to make ends meet, consider setting up a budget, automatic payments, or setting payment reminder alerts to help prevent you from stacking up overdue bills.\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Catch up on overdue bills<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Piggybacking off of the above tip, catching up on your overdue bills is a must if you\u2019re wanting to increase your credit score. Easier said than done\u2013we get it! If you\u2019re having trouble getting caught up on your overdue bills, you might consider contacting your lenders to see if they have a different payment plan. If you\u2019re a True Sky Credit Union member, you should <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/connect\/\"><span style=\"font-weight: 400;\">contact us<\/span><\/a><span style=\"font-weight: 400;\"> directly to discuss potential options.\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Understand how your credit score is determined<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Understanding how your credit score is determined is a vital part of keeping good credit or increasing credit scores. When determining your credit, you should ask yourself, \u201cdo I pay my bills on time?\u201d, \u201cDo I have any outstanding debt?\u201d, \u201cHow long is my credit history?\u201d, \u201cHave I applied for new credit recently?\u201d. Answering these questions will help you better understand why your credit score is what it is.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Verify information on your credit reports<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">You can check your credit report every 12 months at <\/span><a href=\"http:\/\/www.annualcreditreport.com\/\"><span style=\"font-weight: 400;\">www.annualcreditreport.com<\/span><\/a><span style=\"font-weight: 400;\"> at no cost. As we mentioned earlier, your credit score is affected by several factors, so knowing what\u2019s on your credit report will tell you exactly where you stand as far as your creditworthiness. If you find errors on your credit report, they could negatively affect your credit score and should be dealt with immediately.\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Learn the legal steps you must take to improve your credit<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">After checking your credit report, if there is an error, then you must learn the legal steps you must take to improve your credit. Otherwise, the consequences of letting a few errors go could cost you your credit in the long run.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Boost Credit Score With True Sky Credit Union<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019re starting out with no credit card in possession yet, look around at different credit cards to see which one will be best for you. If you need help with this process or any other financial needs, then True Sky Credit Union can help! We\u2019re here to make sure your transactions are secure, as well as a secured credit card for those who are working towards <\/span><a href=\"https:\/\/www.federalreserve.gov\/pubs\/creditscore\/creditscoretips_2.pdf\"><span style=\"font-weight: 400;\">rebuilding their credit<\/span><\/a><span style=\"font-weight: 400;\">. Part of how to raise your credit score is also ensuring that you are receiving fair credit. Check out our other services if you don\u2019t need to improve your credit score! <\/span><span style=\"font-weight: 400;\">We also offer <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/checking\/\"><span style=\"font-weight: 400;\">checking <\/span><\/a><span style=\"font-weight: 400;\">and <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/savings\/\"><span style=\"font-weight: 400;\">savings<\/span><\/a><span style=\"font-weight: 400;\"> accounts, <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/automotive\/auto-loans\/\"><span style=\"font-weight: 400;\">auto<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/home-loans\/\"><span style=\"font-weight: 400;\">home<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/personal-loans\/\"><span style=\"font-weight: 400;\">personal<\/span><\/a><span style=\"font-weight: 400;\"> loans, <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/resources\/\"><span style=\"font-weight: 400;\">financial help<\/span><\/a><span style=\"font-weight: 400;\"> resources, and more. If you\u2019re interested in becoming a <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/membership\/\"><span style=\"font-weight: 400;\">member<\/span><\/a><span style=\"font-weight: 400;\"> or want to learn more <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/about-true-sky-credit-union\/\"><span style=\"font-weight: 400;\">about us,<\/span><\/a><span style=\"font-weight: 400;\"> feel free to explore our <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/\"><span style=\"font-weight: 400;\">website<\/span><\/a><span style=\"font-weight: 400;\">, give us a call, or stop by one of our many <\/span><a href=\"https:\/\/clientweb.dev\/tscu\/locations\/\"><span style=\"font-weight: 400;\">locations <\/span><\/a><span style=\"font-weight: 400;\">throughout the Oklahoma area. We look forward to assisting you to the best of our abilities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><b>Phone<\/b><\/h3>\n<p><a href=\"tel: 405-682-1990\"><span style=\"font-weight: 400;\">405-682-1990<\/span><\/a><\/p>\n<p><a href=\"https:\/\/clientweb.dev\/tscu\/blog\/\"><span style=\"font-weight: 400;\">Return to Blog<\/span><\/a><\/p>\n<p><br style=\"font-weight: 400;\" \/><br style=\"font-weight: 400;\" \/><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":17078,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185],"tags":[],"class_list":["post-17075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 Ways To Improve Your Credit - True Sky Federal Credit Union<\/title>\n<meta name=\"description\" content=\"True Sky Credit Union has listed 5 ways to improve your credit; 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