Category Personal Wealth Management

5 Ways to Use Credit Cards to Increase Your Credit Score

Low credit scores are a problem for many people, and many of these are good, responsible people. Unfortunate circumstances such as marriage breakups, job losses and household changes may have caused the demise of their credit scores. A consumer can choose several tactics to increase a poor credit score. Using credit cards is one of the best way to do such because revolving credit carries strong weight on a consumer’s profile. The following are five ways that a consumer can increase a credit score using a single credit card:

1. Compare Several Credit Cards
A consumer must make credit card comparisons before applying for a credit card...

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