Video: How Credit Consolidation Improves Your Credit Score

Expert April Lewis-Parks explains how in this Exclusive MoneyTips video

April 19, 2017

Consolidated Credit Director of Education and Public Relations April Lewis-Parks explains how people can consolidate and pay their debts while raising their credit scores in the process. Watch the short video above.

If you want to consolidate your debt, try the free Debt Optimizer by MoneyTips.

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Carla | 04.19.17 @ 18:11
I love getting these tips to help improve my credit score. Paying your bills on time, for instance, every month, has a very high impact. Also, as the video stated, transferring the balance from a credit card that is almost maxed out to one that a higher credit limit is an idea I would not have thought of to help my credit score. Great advise!
Erin | 04.19.17 @ 18:59
I knew it was not wise to max out your credit cards every month, but I have never heard hard numbers to try to target as far as credit utilization goes. There was some very interesting information here which I had not considered. Thanks for continuing to share these videos. I've been learning a lot from them!
Zanna | 04.19.17 @ 19:30
One of the big tips is to eliminate the debt on a credit card, but *not* to close that account! We made that mistake when we were applying for our first mortgage, thinking that reducing the number of accounts would help our scores, when it does the opposite!
Saving in WI | 04.20.17 @ 15:33
If you have credit card problems, raising your limit is not a good idea. It only allows you to borrow more money. Best idea to pay off debt is to get intentional with your money, get on a budget and pay off your debt.
Chrisitna | 04.20.17 @ 17:22
Definitely some useful tips in here for improving credit!
$commenter.renderDisplayableName() | 12.05.20 @ 14:43