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Expert Tips To Fix Your Credit on a Limited Income

GOBankingRates Logo By Cameron Huddleston of GOBankingRates | Slide 1 of 8: If you're struggling to get by, you likely feel the pinch in your monthly budget. However, there's something else that could be taking a hit: your credit. See: 10 Things To Do Now If You Have a 500 Credit Score Find Out: 19 Ways To Tackle Your Budget and Manage Your Debt This component of your finances might not be at the forefront of your mind if you're trying to make ends meet. But bad credit could affect your ability to improve your financial situation. A low credit score can force you to pay higher interest rates — making it more expensive for you to borrow. Or it might prevent you from getting credit at all. And some employers check credit reports, which could affect your ability to land a job. Follow Along: 31 Days of Living Richer There are numerous ways to improve your credit score, but some of the most common strategies can prove difficult if there's little spare cash in your budget to aggressively tackle debt. Here are some expert tips for how to fix your credit on a limited income.  Last updated: Sept. 6, 2021

If you're struggling to get by, you likely feel the pinch in your monthly budget. However, there's something else that could be taking a hit: your credit.

See: 10 Things To Do Now If You Have a 500 Credit Score Find Out: 19 Ways To Tackle Your Budget and Manage Your Debt

This component of your finances might not be at the forefront of your mind if you're trying to make ends meet. But bad credit could affect your ability to improve your financial situation. A low credit score can force you to pay higher interest rates — making it more expensive for you to borrow. Or it might prevent you from getting credit at all. And some employers check credit reports, which could affect your ability to land a job.

Follow Along: 31 Days of Living Richer

There are numerous ways to improve your credit score, but some of the most common strategies can prove difficult if there's little spare cash in your budget to aggressively tackle debt. Here are some expert tips for how to fix your credit on a limited income.

Last updated: Sept. 6, 2021

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