3 apps that can help improve credit score
A credit score is a measure of one’s creditworthiness, usually presented as a 3-digit number between 300 and 850. If one has a higher score, it makes one a better candidate for loans. However, a bad credit score can make it challenging to obtain loans. Fortunately, some apps available in the market can assist one in improving one’s credit score. Continue reading this article to learn about the best apps to help improve a bad credit score.
3 apps to help improve a bad credit score
Credit Karma
With an experience that spans more than a decade, Credit Karma is one of the best apps to consider when trying to improve a bad credit score. One may come across various beneficial tools that can trigger changes in the credit score while using this app. This includes access to one’s credit report, tips to increase credit score, and even products that can prove beneficial in saving money.
Experian
As a credit-building software, Experian gives its customers access to adaptable and straightforward offerings. This comprises access to FICO and Experian credit scores, the Experian Boost feature, credit score change alerts, and credit card recommendations. All of these features are available to users for free, providing them with easy access to all the necessary information. Additionally, users can dispute any inaccuracies directly from the app when necessary.
Credit Sesame
A free credit-building app, Credit Sesame aids users in monitoring their credit scores. Additionally, the app also provides personalized tips or suggestions to help users control their finances and simultaneously build their credit scores. This is done by the app in the form of monthly debt payment reports and outstanding balances. In addition to the above, the app provides prospective homeowners with real-time suggestions to increase their savings on home loans.
Further, one can try other helpful credit-building apps such as myFICO and TransUnion to improve a bad credit score. This way, one can open new accounts, gather additional assets, and better manage one’s finances for a secure future.