Improve Your CTOS Score!
Having a good credit score has many advantages. With a high credit score, you’d have a better chance of securing a loan or getting approved for new credit. You’re also likely to be looked upon as a prime customer by banks and lenders and may enjoy better interest rates.
1.Pay your bills on time.
Try to pay at least the minimum amount each month to avoid lowering your credit score.
2.If you’ve missed payments, get current and stay current.
Cultivate a habit of consistency in your repayments.
3.Pay off debt and keep amounts owed low.
Owing more than you can afford to repay comfortably can be stressful, so stay within realistic limits.
4.Only apply for new credit cards if you really need them.
Consider getting a card with a low credit limit if you have a tendency to overspend.
5.Contact legitimate counsellors if you’re facing financial difficulties.
Missing payments, having litigation records or even filing for bankruptcy will affect your credit health and score.