You & Your Credit Score | Cleveland Bradley County Teachers Federal Credit Union

When it comes to obtaining a loan, your credit score is important, and our team at Cleveland Bradley County Teachers Federal Credit Union wants to offer you some tips on improving yours!

Achieving an Excellent Credit Score

So, how do you become one of the lucky ones with an excellent credit score? It’s actually pretty simple.

First, pay your bills on time. Stop waiting until the last minute to pay your bills. You can even pay them early. To ensure your bill is paid on time, make a payment at least five to seven business days before the due date, especially when mailing the payment.

Second, keep your balance low on your credit cards. Just because you’re given a $5,000 limit doesn’t mean you need to put close to $5,000 on your credit card. If you’re trying to build your credit, use your card for small purchases and pay the bill off in full each and every month.

Finally, remember it won’t happen overnight. It takes time to build credit, but it is easy to achieve. You simply need to establish good habits and be patient. Before you know it, you will have an excellent credit score, too!

If you’re looking for a loan, visit our website for information about the types of loans members can choose from when banking with us!