Menu
Sacramento Bail Bonds
  • Home
  • About Us
  • Our Services
  • Bail Bond Process
  • Blog
  • Contact Us
  • English EN
  • Spanish ES
Sacramento Bail Bonds
How Much Do I Have to Pay?

3 Tips to Increase Your Credit Score

Posted on July 16, 2018 by spiralmode

3 Tips to Increase Your Credit Score

It’s a situation no one ever wants to be in, but it’s one that you may face in your lifetime.

Picture this: You’ve just been arrested, you’ve been booked and given a bail amount, and you’ve called someone for assistance. Now, you sit and wait in a holding cell while a loved one contacts a bail agent to help obtain your freedom. However, there’s a problem. The bail agency cannot issue a bond because, after running a credit report, their credit score isn’t high enough.

This is a serious problem because now you’re forced to sit in jail and wait until your court appearance. However, this is an avoidable problem. The answer is simple – keep your credit score up so that you never have to worry about it being too low to be approved. But what exactly is a good credit score? There is no right answer, however, according to ExperianExperian a credit score can range between 300 and 850. See below for an in-depth look at the credit score breakdown, courtesy of Experian.

In order to help ensure you and your loved ones have a good enough credit score to be approved for a bail bond, a home, or anything in between, we’ve compiled a list of three steps you can take starting today.

• Pay your bills on time – According to Credit Karma, one of the most important things lenders care about is the likelihood you are going to pay them back. This is determined through your history of paying your bills on time. By paying all of your bills on time you show lenders that you’re reliable and will uphold your end of the bargain.
• Pay off your debt – In order to grant you a loan, lenders want to ensure that you have enough room in your monthly expenses to be able to afford another bill. Be sure to pay down your current debt as quickly as possible so you have room for unexpected necessities.
• Don’t open too many credit cards at the same time – When you open a new line of credit, it creates a “hard line” on your credit report which stays there for two years. This could create a negative effect on your credit report.

 

If you’re looking to increase your credit score, it’s important to know what your score is. There are a lot of free websites that will allow you to check it for free, utilize them. Keep in mind that improving your credit score takes time and doesn’t happen overnight. You’ll want to ensure that you follow these three tips every month and develop good financial habits.

BAIL BOND NEWS

Stay Out of Jail This Saint Patrick’s Day

Stay Out of Jail This Saint Patrick’s Day

Saint Patrick’s Day is a great holiday. It’s one of those fun holidays where you’re encouraged to cut loose and ...
Read More
The Truth About Carpool Cheating

The Truth About Carpool Cheating

The rules seem simple enough. If you are the only person in your vehicle, you must stick to a certain ...
Read More
We Will Have Your Back

We Will Have Your Back

Throughout your life, you have always been able to count on your loved ones. They offer their help without question ...
Read More
Have any Questions about Bail?

What are Your Questions about Bail?

People always have questions about the bail bond process. This is usually due to the fact that no one ever ...
Read More
Burglary in California

Burglary in California

Burglary is addressed in California’s, Penal Code 459 PC. The law clearly states, “Every person who enters any house, room, apartment, ...
Read More
3 Common California Felonies

3 Common California Felonies

The state and federal law books are full of felonies, but court officers, lawyers, and police officers will quickly tell ...
Read More
©2021 Sacramento Bail Bonds | Powered by WordPress & Superb Themes