In this video, Graham Stephan dives into the world of credit scores, explaining why they’re important and how they can impact your financial life. If you’re looking to improve your credit score, you’re in luck! Graham outlines five key strategies you can implement to boost your score, including leveraging the credit history of others and strategically managing your credit card debt. Whether you’re renting an apartment, applying for a loan, or simply looking to save money on interest rates, this video provides valuable insights to help you unlock the power of a good credit score.

  • Become an authorized user on someone else’s credit card with a good credit history. This will allow you to benefit from the positive credit history of the other person.
  • Pay down your credit card balances so that your credit utilization rate is below 10%. Your credit utilization rate is the amount of credit you are using compared to the total amount of credit you have available.
  • Dispute any errors on your credit report.
  • Don’t close any of your credit card accounts, even if you don’t use them. Keeping older accounts open helps your credit score.


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