If you are struggling with bad credit in this economy, if it’s any comfort, you’re not alone. A poor credit score can make it harder to buy a home, lease a car or even rent an apartment. However, there is some good news on the horizon, as turning bad credit into good credit is possible and faster than you might think. What you need is a strategy, and fortunately, you can simply try the following seven tips to boost your credit score, improve your financial health and open the door to better opportunities ...

From your car insurance premiums to the rates you qualify for on a mortgage, your credit score significantly impacts your daily life. According to Experian, one of the major credit bureaus, the average FICO credit score was 715 as of the end of 2023; if you have that score, your score is good, but not excellent. You need a score between 740 and 850 to qualify for the best rates. Understanding the factors that affect your credit, such as your credit mix, can help you develop a plan to improve and maintain ...