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7 Ways to Improve Your Credit Score

These tips can help you establish or improve your credit.

Carole Hodorowicz

Having a good credit score pays off. The better it is, the better interest rate you can get on a mortgage loan. That could ultimately save you thousands every year. 

There are five primary factors that determine your score: payment history, the amount you owe, length of history, new credit, and types of credit use.