Covington, Kentucky
40 West 5th Street
Covington, KY 41011
(513) 784-9150

How to Boost Your Credit Score: 3 Tips From a Financial Consultant January 13, 2017

Covington, Kenton
How to Boost Your Credit Score: 3 Tips From a Financial Consultant, Covington, Kentucky

Whether you plan on buying a home or want a better rate on your auto lease, your credit score is the secret to success. But what if it isn’t high enough for the financial standing you crave? According to Evergreen Advisors—a full-service financial consultant firm in Covington, KY—there are many ways you can build your credit score.

As a trusted source of financial advice in Northern Kentucky, Evergreen Advisors has compiled these tips to help you improve your financial picture:

  • Adopt Credit Card Best Practices: If you don’t have a credit score, it’s likely because you haven’t taken out any loans or accrued any debt from a lender. Opening a credit card account can help you establish credit—and if you keep a low balance that is continually paid off, you’ll keep boosting your score. A good rule of thumb is to not spend any more than 30% of your total credit limit.
  • financial consultantDispute Debts: Taking a hard look at your detailed credit history can be nerve-wracking, but it does offer benefits. By examining your financial history, you can determine if there are any outstanding debts you were not aware of. If these credit dings shouldn’t be there, you can work with a credit agency to dispute the claim, and, eventually, repair your credit score.
  • Follow A Schedule: When payments to your credit cards or mortgage are outstanding, your credit score can suffer. To stay on track, set up payment reminders or automatic payments and keep your numbers high.

Working with a financial planner can also help you determine unique strategies that will increase your credit rating. Whether you want to work on strategies to improve your overall spending or establish a reliable investment plan, Evergreen Advisors has the expertise and specialized services to get you where you want to be. To schedule an appointment with a financial consultant in Covington, call (513) 784-9150.

File #2014-2016

Other Announcements, Events and Deals from Evergreen Advisors Inc.
5 Factors to Consider When Planning Investments, Covington, Kentucky
Investment can be a great way to grow your wealth and set yourself up for retirement—but when done badly, it can be disastrous to your finances. A sound investment plan tailored to y...read more
Need Financial Advice? Here Are a Few Questions for Your Financial Advisor, Covington, Kentucky
If you want to ensure your family’s financial security, you need to plan ahead, and you can start by speaking to a financial advisor. Regardless of your particular situation, you wil...read more
3 Ways a Financial Planner Will Help Your Business, Covington, Kentucky
Business owners have a lot on their plate and handling finances is a full-time job in its own right. If you're struggling to manage or track costs, a financial planner offe...read more
How Technology Impacts Investments & Markets, Covington, Kentucky
With its rapid changes and innovations, the technology sector seems to control pressure points that influence markets around the globe. Unfortunately, not all investors know how...read more
4 Good Reasons Everyone Needs a Financial Consultant, Covington, Kentucky
Managing your personal finances is a much more involved task than you might think. Overwhelmed by the variety of choices and the sheer complexities of the market, many people simply ...read more