Improving Your Credit Score: Tips and Tricks for Better Creditworthiness
Several factors influence your credit score. Your repayment history is a crucial factor, as it reflects your track record of making payments on time. Maintaining a good repayment history is essential for a healthy credit score. Credit utilization, the ratio of credit used to credit available, also plays a significant role. Keeping your credit utilization below 30% is generally recommended for a positive impact. Other factors include the length of your credit history and having a diverse credit mix. By understanding these factors, you can take proactive steps to improve your credit score and open doors to better financial opportunities
