A higher credit score can unlock better loan options. Here’s how to improve it:
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Pay Bills on Time: Timely payments boost your score.
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Reduce Debt: Lower credit card balances and loans.
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Check Credit Reports: Ensure there are no errors.
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Limit Credit Applications: Multiple applications can negatively impact your score.
Improving your credit score can take time, if it’s not perfect, but it’s worth the effort for better loan terms. Consult with a mortgage broker for personalised advice.
Note – there are lending options for those with low credit scores – late payments – defaults etc
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https://buyinvestlive.com.au/why-your-credit-score-is-like-the-passport-towards-your-future
