Credit Comeback: Tips for Improvement | OneUnited Bank

Summary

Where cash is king, credit is queen! Your credit score is more than just a number—it’s the key to unlocking financial opportunities. Let’s hop on the path to improvement and get your score right!

Whether you’re applying for a car loan or buying a home, your credit score can have a major impact on your life. While crucial for financial health, your credit’s influence extends further than you might think. For example, some employers check a modified credit report as a part of their evaluation for employment, which includes details like your debt and payment history without disclosing the exact score.

Here are some tips to help you improve your score, followed by a breakdown of the categories your score is calculated from. This will help you not only understand your score, but also boost your financial well-being!