If you pay your credit card balance in full every month, then APR doesn’t matter, but the reality is that many Americans are in debt – and that includes credit card debt. In fact, the average household that has credit card debt has a balance of $16,883.
If you’re one of these households, you’re losing money. Simply put, your balance adds up to a lot of interest. So, if you want to lower your APR, then you need to improve your credit score.
Are you ready to get credit cards with low APR? Then here are 3 things you need to do NOW to improve your credit score:
- If you’re not already, start getting current on all your bills and pay them on time, every time
- Limit your credit inquiries by applying for only new credit when necessary
- Pull your credit report, make sure all information is accurate, and dispute any errors
Are you a renter? If so, did you know that your rent payments can help improve your credit score? So, how to get credit for rent you pay? You can sign up for rent reporting services like RentReporters.