5 Ways to Build Your Credit Score in 2023

5 Ways to Build Your Credit Score in 2023
You have got big financial plans for 2023. Fit Ztudio/Shutterstock
The Associated Press
Updated:

You’ve got big financial plans for 2023. Maybe they include buying a home or car, or getting a new travel rewards credit card to help pay for your next trip. There’s a key piece of these plans you may not have considered: building your credit score.

A better credit score can expand your access to credit and make borrowing more affordable. For example, having a score of 700 versus 650 could mean getting approved for a new car loan at 4.9 percent interest instead of 7.25 percent interest.