how to improve your creditworthiness
there are several ways that you can improve your credit score to establish creditworthiness first you can pay your bills on time then you can pay more than the minimum monthly payment to pay down debt faster and improve your credit utilization ratio some financial experts suggest keeping credit card utilization rates below 30 although 10 is ideal 4you should understand your debt to income dti ratio an acceptable dti is 35 but 28 is ideal dti can be calculated by dividing your total monthly debt by your total gross monthly income lenders use dti when assessing an individual s creditworthiness 5you can also order a free copy of your equifax experian and transunion credit reports review all of the information for accuracy and dispute any errors provide supporting documentation to substantiate your dispute claim in addition you can dispute inaccurate information with the company reporting the error 6