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It's no secret. A good credit score helps make it easier to buy or rent a home or finance a major purchase in your life
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So if your credit score isn't up to par when it's time to get loans, cars or homes, you're costing yourself money
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To get debt under control, you can request a rate reduction from your lender or transfer higher rate credit card debt to another lower rate card
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A balance transfer or debt consolidation can simplify your life and put some breathing room in your budget
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Whatever you do, don't close a credit card just to pay it off. This can actually lower your credit score
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The best ways to raise your credit score is to pay bills and loans on time, every time
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Stay within your credit limit and borrow or charge only what you can afford to pay back
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You can also stay on top of it by checking your credit report regularly with all three credit bureaus
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You get one free credit report annually, so stay on top of it. Maybe go a step further and get with a credit counselor
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Having a debt management plan can help you reduce your credit card interest rates
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consolidate your debt and pay off debt faster. It's never too late to start managing your debt better
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It literally pays in the long run
