Ask Local provides clients with resources and education to repair their credit quickly and without cost.

Here are the five best ways to improve credit:

Pay your bills on time:

• Paying bills on time is important as it can help improve credit score, access better loan rates, and save money.
• Setting up automatic payments is an easy way to make sure bills are paid consistently on time.
• Review all billing statements to ensure accuracy before paying.
• Make a budget to plan for future bill payments and avoid getting behind.
• Utilize apps and online tools to stay organized and keep track of due dates.

Reduce overall debts:

• Reduce spending on non-essential items and transfer the savings to paying off debt
• Create a budget and track your expenses
• Consider consolidating high-interest debts such as credit cards
• Set up automatic payments for debt payments, to help stay on track with payments
• Negotiate with creditors for lower interest rates or longer repayment terms
• Make extra lump sum payments when possible

Check for inaccuracies in credit reports

• Check for inaccuracies by double-checking information and carefully reviewing data sources.
• Identify any inconsistencies or typos, as well as any information that may be missing.
• Look for discrepancies between multiple sources.
• Utilize automated tools to assist in the accuracy checking process.
• Be sure to cross-reference with other reports and documents to ensure a high level of accuracy.

Be aware of credit utilization

• Monitor credit utilization rate on a regular basis to ensure it doesn’t exceed 30%.
• Research and always stay up to date on current credit terms and practices.
• Consider setting up automatic alerts to track changes in credit utilization.
• Take steps to keep balances low by paying off balances as soon as possible.
• Evaluate the best credit card for your financial needs and use it responsibly.

Know your rights under federal law.

• Individuals can stay informed about their rights via federal law by:
• Utilizing online resources to review recent legislation and understand proposed changes.
• Attending legal workshops and seminars that provide up-to-date information on applicable laws.
• Participating in advocacy organizations dedicated to protecting individuals’ rights.
• Following trustworthy news sources for the most current legal developments.
• Researching cases of relevance and understanding legal precedent set by high courts.