Friday, August 6, 2010

City Credit Union

Dollars & Sense Tip of the Week

by Sharon Moore, President

You’ve heard me talk about knowing your credit score many times before. If you’ve recently received a copy of your credit report and would like to improve your credit score, here are some steps to take.

1) Ensure your credit report is accurate and dispute any errors
2) Bring delinquent loans current
3) Keep all accounts current while paying off any collections
4) Pay down credit cards first that are near their limits
5) Pay down revolving credit but do not close out the account because it will negatively affect your credit score

Don’t be discouraged. Follow these steps and you’ll be well on your way to improving your credit score! If you need additional help, call us at 214 515 0100.

City Credit Union…WE ARE ELLIS COUNTY!

City Credit Union is a equal housing lender. Member NCUA.

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