Let’s be honest, cash is slowly becoming a thing of the past. Our world today relies on credit, which means maintaining a good credit score can mean the difference between having the necessities of life and struggling to get by. There are many factors that contribute to your credit score and trying to understand them all can be a daunting task. One thing is for certain, if you are one of the many people with a credit score that is considered poor or if you have no credit history to speak of, it is time to get back on track.

At Valley Car Group, we understand that a lot of people have damaged credit histories and want to help in any way we can! Check out some of these quick tips on how to get a less than perfect credit score back on track.

Pay Off as Much Debt As Possible

The most obvious tip is to pay off as much outstanding debt as possible without adding new charges. Outstanding balances can bring a credit score down. While paying off your debt in one big swoop may be unrealistic, increasing your monthly payment even by just a few dollars can make a significant difference.

Avoid Closing Unused Accounts

Avoid closing unused accounts. Getting rid of old accounts might make you less likely to use credit, and it also wipes out part of your credit history. People with little or no credit history will face the same challenges as those people with poor credit.

Check your Credit Score

Keep an eye on your credit report. Everyone makes mistakes – even the credit bureaus! There may be inaccurate information on your credit report that is contributing to a low score. Each of the main credit bureaus maintains a dispute department. If something doesn’t look right, report it.

Free websites like Credit Karma allow users to view and track their credit score, and even offers tips to improve it.

Create a Budget

Create a personal budget and stick to it. Being disciplined with your finances will help avoid the pitfalls that helped lower your credit score to begin with.

These tips are just a few things you can do to help improve your credit score.

Establishing new credit so that you can re-establish a solid payment history can be hard with a tainted credit score. Get back on track to financial security with one of our used cars. You’ll be glad you did!