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January 9, 2023

5 ways to build your credit score in 2023

  • For those with big financial plans or resolutions, getting your credit score in shape can play a huge role.
    • By LAUREN SCHWAHN
    NerdWallet

    You've got big financial plans for 2023. Maybe they include buying a home or car, or getting a new travel rewards credit card to help pay for your next trip. There's a key piece of these plans you may not have considered: building your credit score.

    A better credit score can expand your access to credit and make borrowing more affordable. For example, having a score of 700 versus 650 could mean getting approved for a new car loan at 4.9% interest instead of 7.25% interest.


     
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