Kim Chapman shares five actionable strategies to boost your credit score quickly and effectively. These proven techniques address the key factors that influence your credit rating, helping you qualify for better loans and financial opportunities.

• Pay bills on time as this accounts for 35% of your credit score
• Keep credit utilization below 30% of your available credit limit
• Don't close old accounts as they contribute positively to credit history
• Limit opening new accounts as they can temporarily lower your score
• Check all three credit reports regularly through annualcreditreport.com
• Contact creditors immediately if you can't make payments to discuss options
• Consider speaking with a financial counselor if struggling with debt management

Visit neighborsfcu.org/financial-wellness for more tools to help build a strong financial future and subscribe to the Money Matters podcast for ongoing financial guidance.

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Welcome to Money Matters, the podcast that focuses on how to use the money you have, make the money you need and save the money you want – brought to you by Neighbors Federal Credit Union.

The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice.