Tip 2: Check Your Credit Score
Credit card companies often check your credit score before approving your application. A good score increases your chances of getting approved and getting better terms like higher limits and lower interest rates. In many countries, you can check your score for free through online portals or financial institutions. If your score is low, it’s best to wait and improve it first. Paying bills on time and reducing existing debt are effective ways to boost your score. A solid credit history opens better financial doors.
