3 Ways to Improve Your Credit in 2024

Today, we’re diving into the world of credit scores and talking 3 key strategies that will help your credit journey in 2024. ⬇️ ⬇️:

1. Timely Bill Payments: Punctuality is the name of the game when it comes to your credit score. Don’t treat it like primit@’s baptism, where you show up an hour later than what is listed in the invitation. While arriving late to the baptism means the party is just getting started, paying your bills late can have a significant impact on your credit score. Set up reminders, automate payments, and do whatever it takes to stay on top of your financial commitments.

2. Master Your Credit Use: Your credit utilization ratio plays a crucial role in your credit score. Aim to keep your credit card balances low relative to your credit limit – ideally below 30%. Consider paying down balances, requesting credit limit increases, or exploring strategic ways to keep this ratio in check. Your credit score will reflect the positive changes!

3. Regular Credit Check-Ups: Knowledge is power, especially when it comes to your credit health. Just like your comadre is constantly reminding you to stay on top of your health because of ‘el colesterol’ (the illness not the song), regularly check your credit reports. Take advantage of those FREE credit report services and review your reports for any errors.

Remember, your credit score is a powerful tool that can open doors to financial opportunities.

By focusing on timely payments, mastering credit utilization, and conducting regular credit check-ups. You’re on your way to a stellar credit score in 2024 😉✨!

If you need help, check out one of SUMA’s FREE resources, the SUMAversity, a FREE financial boot camp where you can learn more about credit basics. Check it out HERE!