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Best ways to improve credit

Improving your credit score is key to gaining financial freedom and accessing better loan rates, housing, and job opportunities. This article outlines the most effective strategies—like paying bills on time, reducing debt, checking for credit report errors, and using credit-building tools—to help you boost your credit and maintain long-term financial health.

Dominic Abate

How credit scores are calculated

Your credit score is calculated using five key factors: payment history, amounts owed, length of credit history, credit mix, and new credit. Payment history and credit utilization have the biggest impact. Understanding these components helps you make smarter financial decisions and improve your creditworthiness.

Dominic Abate

Common credit myths debunked

Credit myths can mislead consumers, leading to poor financial decisions. This article debunks common misconceptions about credit scores, reports, and management. Understanding the truth helps you navigate credit confidently.

Dominic Abate
View legal footnotes

1 Earna Credit Cards does not have annual fees paid upfront, instead, to help you manage your finances, you will only need to pay monthly fees included on your monthly statement.

2 Individual cases may vary. Please contact our Support Team if you experience difficulties.

3 Earna reports your payment activity to one or more credit bureaus to help establish your credit history. Credit scores are calculated using complex models that consider multiple factors. Making on-time payments regularly can help improve credit scores, while missed or late payments can lower them. Individual results may vary.

4 Approval is not guaranteed and terms and conditions apply.

5 Refer to Earna Rewards Policy for details on earning cashback. Other terms and conditions may apply, find the complete policy here.

6 Credit limit increases are subject to eligibility and require the account holder’s express consent. Terms and conditions apply.

7 Eligible interest rates may decrease by up to 1% annually for accounts in good standing, subject to a set minimum and other eligibility criteria. Not all rates are eligible. Terms and conditions apply.