Improving your credit score is not magic; it is a matter of understanding the protocol's algorithm. Here we explain the 3 fundamental steps you can start today.

1. Clearing Small Debts

Small-amount debts are the ones that generate the most "noise" in your risk profile. Settling those small credit cards or pending service payments can raise your score by up to 15 points in one billing cycle.

2. The Utilization Factor

Do not use more than 30% of your available credit limit. If you have a $1,000 limit, try not to exceed $300. Liquidity nodes interpret high utilization as a sign of financial stress.

3. Risk Diversification

Having different types of credit (a card, a personal loan, a rental agreement) demonstrates that you can handle various financial responsibilities simultaneously.