If you're looking for ways to boost your bank score, you're probably looking for ways to improve your credit score. Having a good credit score can help you access loans with lower interest rates, higher credit limits and better financing terms.
Make payments on time: Payment history is one of the main factors that influence your bank score. Make sure you pay your loan bills, credit cards, and other debts on time. Late or missed payments can hurt your score.
Keep lines of credit active: The length of time you've kept your lines of credit open is also an important factor in your bank score. The longer you've kept your lines of credit open, the better your credit score will be. However, it's also important to avoid applying for too many credit cards and loans at the same time, as this can indicate a greater risk of debt and lower your credit score.
Have a relationship with the financial institution, and have at least three products that make sense for your moment in life, whether a capitalization, life insurance, home or car insurance, private pension, investments greater than R$ 10-40 thousand , have your income updated every 120 days, updated data, automatic debit accounts, scheduled savings, or if it makes sense for your moment in life and profile, a consortium.
Check your credit score every 3 months with your manager or bank: Checking your credit score regularly can help you monitor your score and ensure that it is accurate. If you find inaccurate or outdated information on your credit report, contact the credit bureau to have it corrected.
Avoid Closing Lines of Credit: By closing lines of credit, you can lower your credit score, especially if those accounts have a positive payment history. Instead of closing lines of credit, try to keep accounts open even if you don't use them often.
Also, to increase your bank score and have access to better credit and financing conditions, keep your accounts active, make payments on time, have products with the bank, check your score regularly and avoid asking for many credit cards. These practices can help you improve your credit score over time.
