Post Content

Whether it’s a car loan or a home mortgage, having better credit makes it easier – and less costly – to borrow money from lenders.

There are a number of ways to improve your credit report. Here are a few of the steps you can take to not just have better credit, but also better manage your finances:

  • Track your expenses for one month to see where your money is going, and create flexible budget.

  • Review your credit reports. Make sure negative items are removed if they are inaccurate or incomplete. You can get a free credit report from three credit reporting agencies.

  • Stop using credit cards. Keep low balances on credit cards.

  • Join a credit union, which typically is more likely to give you a loan than a regular bank.

  • Avoid bankruptcy, which should be seen as a last resort.

For more information on building your credit, read this Consumer Advisory.

Written By:


Jayda Leder-Luis is the Communications Coordinator at the Office of Consumer Affairs & Business Regulation.

Recent Posts

Top 5 Consumer Issues of 2014: Lemon Law and Auto Issues posted on Mar 24

#5 – Lemon Law and Auto Issues Last week, the Office of Consumer Affairs and Business Regulation held its annual Top 5 Press Conference at the Massachusetts State House, highlighting the top consumer issues from 2014. The top four issues were insurance, banking and non-depository   …Continue Reading Top 5 Consumer Issues of 2014: Lemon Law and Auto Issues

Top 5 Consumer Issues of 2014: Cable Service posted on Mar 23

#4 – Cable Service Last week the Office of Consumer Affairs and Business Regulation held its annual Top 5 Press Conference at the Massachusetts State House, highlighting the top consumer issues from 2014. In previous blogs we described some common problems with our top three   …Continue Reading Top 5 Consumer Issues of 2014: Cable Service

Top 5 Consumer Issues of 2014: Telecommunications posted on Mar 22

#3 – Telecommunications This week the Office of Consumer Affairs and Business Regulation held its annual Top 5 Press Conference at the Massachusetts State House, outlining the most prevalent consumer issues of 2014. The top issues from last year were insurance and banking & non-depository   …Continue Reading Top 5 Consumer Issues of 2014: Telecommunications