Steve also shares general facts about how you can improve your credit score, especially if it dips below 720, which is generally believed to get you the best interest rates on a mortgage or other loan.
- Pay your bills on time.
- Try to have at least 50 percent of your credit limit available on each of your credit cards.
- Don't open several new lines of credit at the same time.
- Keep an eye on your credit report and dispute any discrepancies.