If you’re looking to improve your credit score in a short amount of time, you’re in luck! While it can take some time to see significant improvements, there are a few things you can do to give your credit score a boost in just 60 days. Here are some tips to get you started:
- Check your credit report for errors: The first thing you should do is check your credit report for errors. Check the information on your credit report periodically to make sure it’s accurate since mistakes on a credit report can bring down your credit score. Dovly is an automated credit improvement engine that can help you track and manage your credit. Try it risk-free with our free membership tier.
- Pay down your credit card balances: Your credit utilization ratio is the amount of credit you’re using compared to the amount of credit you have available. Experts recommend keeping your credit utilization ratio below 30% to maintain a good credit score. So, if you have credit card debt, try to focus on paying that down first. Make the minimum payments on your other debts and put any extra money toward your credit card debt.
- Ask for a credit limit increase: If you’re close to your credit limit, it can hurt your credit utilization ratio. But if you ask your credit card issuer for a credit limit increase, you can increase your available credit and improve your credit utilization ratio. Just be careful not to use the extra credit to go on a spending spree!
- Become an authorized user on someone else’s credit card: If you have a family member or friend who has a credit card with a long history of on-time payments and a low balance, you can ask to become an authorized user on their account. This can help improve your credit score by adding positive credit history to your credit report.
- Set up automatic payments: Late payments can have a big impact on your credit score. Make sure you’re never late by setting up automatic payments for all of your bills. This can help ensure that you always make your payments on time and avoid late fees.
Remember, these tips are just a starting point. Improving your credit score takes time and effort, but it’s worth it in the end. If you’re serious about improving your credit score, make sure to continue making responsible financial decisions and monitor your credit report regularly. Good luck on your credit score journey!