A few years ago, I decided I was sick of watching my credit score. I did not want to think about it anymore. I felt like I have a house, a car, etc. why should I care?
Then I needed to get a loan and I checked my score. It was under 650. I was shocked to see that some zombie debt had lowered my score.
I disputed the charges and and I asked ChatGPT for some help.
Here’s what they said:
You would be surprised how many errors can be on your credit report. The AI recommended checking all three credit bureaus for mistakes, which can genuinely boost your score overnight if you find and dispute errors.
By paying down your balances, it improves the credit utilization ratio, aka how much you owe compared to your credit limits, makes up about 30% of your credit score.
Ask for credit line increases: “If your limit goes up but your balance stays the same, your utilization drops.” Simple math that works.
