3 easy home improvement tips that can improve your credit score
When the weather starts to turn warm, a lot of people - us included - like to talk about spring cleaning. But why stop at cleaning your home, when you could improve it? And why get your hands dirty when you can leverage the power of your nontraditional credit score?
In this blog, we'll take a look at a few super-easy home improvement tips that will not only upgrade your living situation, but also let you boost your nontraditional credit score.
1. Get some new furniture
While a lot of home improvement projects focus on the exterior of your house, the only time you can really enjoy those improvements is when you're enjoying life on your patio or deck - so shouldn't you have some attractive, comfortable outdoor furniture to take it all in? We think so.
What's more, sizeable retail purchases - such as a new patio table or set of lounge chairs - are often available via a short-term loan or similar financing program. You can incorporate these recurring payments into your nontraditional credit score, improving your rating as you pay off your new furniture.
"If we're spending so much time watching TV, isn't upgrading a great home improvement idea?"
2. Upgrade your entertainment center
The average American over the age of 15 spends 2.8 hours per day watching television, according to the Bureau of Labor Statistics. If we're spending that much time with the TV, isn't upgrading a pretty substantial home improvement idea? Again, this is the sort of retail purchase that you can get on an installment plan, which can help you achieve a good credit score.
And that's not all. While you're at it, consider signing up for a few streaming services, like Netflix and Hulu Plus. Not only will you have more options when deciding what to watch, but subscription payments can offer even more evidence of your credit-worthiness, boosting your PRBC rating.
3. Learn to DIY
On the topic of subscriptions: Say you do want to get your hands dirty and pursue do-it-yourself home improvement ideas. If so, then maybe you should consider signing up for a subscription to a magazine that offers regular, expert-level home improvement tips - such as The Family Handyman magazine - and build your credit with each subscription payment.
Spring is a time of optimism and change, so why not make some improvements - both physical and financial - to get in the spirit of season!