Grasso & Sun: ‘Paying Off Loans Raises Your Credit Score: Here Are Some Tips’
Has your credit score seen better days? There’s one surefire way to give it a facelift: paying off your debt. Is that not the answer you wanted to hear? On Bold TV and C-Suite, David Grasso and Julia Sun discuss tips for getting rid of debt faster, and, as a result, boosting that credit score. Paying back your loans can, at times, seem like an insurmountable task. Mountains of debt look so daunting that we don’t know where to start. And people with bad credit have worse interest rates. The first step in your debt journey is pretty obvious: create a budget! When you don’t see your monthly financial plan right in front of you, keeping track of your money is more difficult. First, prioritize your loan with the highest interest rate. The larger the loan, the more interest you pay. So get your worst enemy out of the way first, and the other loans won’t scare you as much. For the rest of our tips, check out Bold TV and C-Suite.
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