5 Smart Ways to Improve Your Credit Score
April 13 2016 Posted by
Whether you want to buy a house or just get a better rate on your credit card, your credit score will play a big role in how well you do and how much you have to pay.
If you do not know your three digit credit score, now is the time to find out. There are plenty of places to get a free copy of your credit report and your credit score - some credit card companies are even printing customer's current credit scores on their monthly statements. Once you are armed with that vital information, you can take steps to improve your standing and get a better rate on the loans you need. Here are five ways to improve your credit score today.
Put your bills on automatic pilot. One of the best ways to raise your credit score is to pay your bills on time, but it is easy for payments to slip through the cracks. Avoid late payments and credit score hits by paying your bills automatically from your bank account.
Sign up for payment reminders. If you are not comfortable with debiting your checking account automatically, at least sign up for payment reminders. These reminders are a great way to prevent missed payments and late fees.
Pay down your debt. The less you owe the easier it will be to deal with debt and avoid late payments. Put bonuses, raises and other extra money toward paying down your debt and stay on track to get rid of your existing balances once and for all.
Avoid opening new accounts or closing old ones.
Question errors on your credit profile. You should be checking your credit report at least once a year. Doing so gives you a chance to spot problems early and get them corrected. Question errors on your credit report right away - and follow up to make sure they have been corrected.
Whether you are a recent college graduate just getting your start in life or a recent retiree getting ready for a whole new chapter, having a great credit score can make things a lot easier. If your credit score has taken a hit due to past mistakes or just plain bad luck, the five tips above can help you get back on track.
Mortgage Consultant, AMP
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It was an absolute pleasure working with you on this purchase. One can only hope that such big life events can run this smoothly and with such little stress! Thank you so much! Regards, Stefanie
Karen was such a wonderful treat to work with! We are now new home owners thanks to her, her patience, and her expertise. My fiancé and I had very little idea of the steps needed to take in the process of purchasing our first home. Karen met with us and answered every question possible. She couldn't have been more helpful during this somewhat stressful time. Thank you Karen, you truly made this a wonderful experience!
Drew and Amy
If you are like me, the real estate and mortgage markets are like kryptonite. They are complicated and intimidating to a potential home buyer. That is why I turn to Karen Blomquist. She is whip-smart, knowledgeable and gives me the information, perspective and mortgage rate options that I would not be able to acquire on my own. And all at no charge! With Karen, I feel like I have my very own superhero who fights to make sure I get the best advice, rate and terms.
Karen Boyne redid our mortgage on our home. I can't say enough good things about her. I had one blemish on my credit report and Karen got it sorted out straight away. Got us a great rate and was with us every step of the way.
I have worked with Karen since 2008 for my mortgage needs. She was a very valuable asset to me when I purchased my first home in 2008. She helped me through the process and made buying so much less stressful. She has since assisted me with my mortgage renewals through the years. It never ceases to amaze me how knowledgeable Karen is with regards to the industry. The rules and regulations are constantly changing but she remains an expert in all aspects. She knows the in and outs and all the vital information required to get her clients the best possible rates. I have recommended her to many of my friends who have also used her services. I would be remiss if I also did not mention how absolutely up beat and personable she is. Her smile is enough to put anyone at ease. Karen will forever be my trusted mortgage broker.
Karen is a dedicated professional and passionate about helping her clients receive the best results. She listens to your needs and will put together a plan that fits each individual situation or requirement. With Karen, you will have the ability to walk through your purchase, renewal or refinance with ease & confidence.
Karen was above and beyond fantastic! Never once did we feel like we were just a number with her. Incredibly personable and very prompt getting back to us when we had questions, no matter how big or small. Karen helped us get all our ducks in a row which made the whole process much smoother and less tense. Now that we are settled in our first home and all is said and done I can honestly say I miss our emails back and forth. Would and do recommend Karen to anyone looking to get a mortgage. Hands down the best service and most personable interaction I've experienced in a long time!
Karen was absolutely amazing through this whole scary/exciting adventure! She was always there to answer questions when needed and she made the first time home buying experience everything I had hoped for! Thank you so much for everything Karen!
Jessica Van Leeuwen
Through our entire move and mortgage needs, Karen was a tremendous asset. Her knowledge of how to navigate the financing, bridge financing, and lines of credit was ideal for all of our needs. I would use her again without hesitation and recommend her to anyone in need of mortgage help or advice.
I never thought a mortgage could be made so easy! Thanks for getting us into our very first home Karen.
Karen is so accommodating! Since we live in Edmonton and she lives in Calgary, we have never actually met but she is always so helpful and on the ball!! She helped us out with our very first home and then we definitely came back to her for our second and forever home! Karen is so personable and kind and I highly recommend her to anyone looking to buy a new home! We certainly enjoyed our experience working with her!!
Ashley & Bjorn V
Karen is a truly amazing person to work with. She is an expert in her field and a great solution provider for tricky mortgage applications. I've used her services twice and she has always gone above and beyond what she needs to do. My first mortgage deal with Karen, she carried out in a very short space of time, under difficult circumstances (I lived in the UK at the time and was mid move to Canada) and pulled it all together fantastically. I would not hesitate to recommend her services to anyone thinking about their mortgage! She's an amazing lady!
karen is fantastic i highly recommend her, really good at getting back to you quickly
Very hardworking mortgage broker with a wonderful caring personality she goes far beyond what is expected....and is Amazing customer service and so knowledgeable. We can't wait to work with you again!
I highly recommend Karen Blomquist as a mortgage professional or, for that matter, any initiative that she undertakes. She is extremely knowledgeable about the mortgage industry, as the Media Spokesperson for Mortgage Intelligence, but more importantly, is truly passionate about every thing that she does - especially when it comes to helping people! If you've been having challenges getting a mortgage with the bank, or just want the best rate and service possible, call Karen without hesitation. You will be guaranteed 5-Star service.
Karen is very personable. When I needed help with my mortgage she was very knowledgeable and helped me understand every aspect. She also made herself available whenever I contacted her which was immensely reassuring. I would highly recommend her!
We recently asked Karen to take over our mortgage from the bank. Poor Karen had to exercise patience with us because we had peculiar circumstances and needs. She was there to assist us and coach us all the way. Karen never gave up on us, and after a couple of setbacks, found the right package for us at really good rates. I would recommend Karen's service without hesitation. She will work hard for you and use all of her resources to make something that works for you. Thank you Karen for your hard work, sincerity and focus to provide the right solution for us.
Karen's approach was professional and creative. She gave us options no one else offered and at competitive rates. Karen delivered what she promised, when she promised, and made the buying experience much easier.
Karen is a great listener and very willing to go above the call of duty to provide exceptional service. She answered all of our questions with great patience.
I was recommended to contact Karen through a realtor contact of mine. I heard good things, and I can see why. She is very honest, professional and informative! As a first time home buyer, some things can be confusing, but Karen goes above and beyond when it comes to answering any questions. I will certainly be recommending her services to any friends, and hope I'll be able to work with her in the future.
My wife and I were very pleased with the help and service that Karen provided. She went above and beyond what was required of her to ensure that we got the best. We appreciate her hard work and her patience with us, and will definitely be going back to Karen for the purchase of a second home.
Setting up a mortgage for our revenue property could have been a challenge. Karen helped make it less complicated. Her knowledge and expertise with mortgages helped us negotiate the best rate with the right financial institution. Karen excels at customer service, she is quick to respond and is very thorough. We will work with Karen again and have recommended her to friends.
Karen was a refreshing change when I was due to re-negotiate my mortgage. Karen came to the table knowledgeable and cared for what was important to me. As a result, I have saved considerable dollars that I was unaware I could save on. I find Karen personable and has become a good friend. I am honored to offer Karen this endorsement.
Having purchased several homes as an independent investor, my knowledge of the industry was already at the expert level. My expectations of the professionals that I use are also very high. Karen impressed me the most by her thoroughness and strength in communicating effectively so that I could make quick decisions based on the trust relationship that we formed. It's very crucial that an effective team blends each others talents to be able to handle volumes, thus increasing the overall profitability of the group. Karen was that key component within the team and is still one of my favored referral sources for those seeking to either get their first mortgage or to better their existing mortgage rates.
If you're looking for a mortgage broker who is not only extremely knowledgeable, but who actually cares about her clients - look no further than Karen Blomquist. We've worked with Karen on our past two renewals and she always went to great lengths to ensure we got a fantastic rate in a timely matter! Beyond that, Karen takes care of the 'little things', so all you have to do is sign the paperwork and enjoy your home.
Chris and Heather Davis
I just wanted to express my gratitude to you for all your help with my mortgage last term. I knew you were a top notch mortgage broker...probably one of the very best. Having had to deal with a new Company has really opened my eyes to just how good you are at your job. This experience, although there have been some legitimate problems, has been horrible. We started this process on May 28th...to this day, I still do not have a valid loan agreement in my hands. Although the broker I am supposed to be working with doesn't seem to be the problem, the support staff and their head office have not provided the same exceptional, knowledgeable, professional, quality, thoughtful, customer focused service. I want you to know I regret my decision to go to this other Company, and wish that I would have remained one of your clients. Thanks again for your time and efforts in the past. I hope the people you help everyday know what a great business woman they have working with them. All the best to you!