General Finance

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Module 6

Strategies for Active Income Generation

27:26

How to Improve Your Credit Score

Module 3
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Lesson 4
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4:50

In this lesson, you’ll learn what improves or hurts your credit score, what has no effect, and walk away with clear, practical strategies to raise your score.

Time Code

00:00 | Introduction to strategies for improving your credit score
00:29 | Positive habits: responsible credit use, on-time payments, and keeping debt low
01:02 | Recommended credit utilization limits for maintaining a good score
01:21 | Importance of long-standing credit accounts and monitoring your credit report
01:47 | Negative factors: missed payments, excessive borrowing, and frequent inquiries
02:18 | Risks of being a guarantor and recommended debt-to-income ratios
02:44 | Myths: what does not affect your credit score (e.g. address history, roommates)
03:17 | Outdated information and its exclusion after six years
03:34 | Soft inquiries: checking your score or shopping for credit doesn’t hurt your rating
04:00 | Final advice: credit improvement takes time, but steady effort brings results

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