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Experian Boost — Is It Worth It?

Experian Boost Review

INDIANAPOLIS (WTHR) — You’ve likely seen commercials and testimonials for Experian Boost, but is this the right method to improve your credit?

WTHR’s Carlos Diaz talked with InCreditable Advisors’ Miguel Silva to find out if you can actually boost your credit rating with the new, highly advertised credit bureau.

While the service may be good for some, Silva explained how there are more downsides to be aware of when using Experian Boost to repair your credit for free.

Pros

  • Easy boost for bad credit or thin credit

Cons

  • Privacy and security concerns – you have to grant access to your personal bank accounts
  • No guarantee credit score will improve
  • Only 5 to 10 percent moved up by 10 points on average
  • Only affects Experian FICO 8, no impact at all on Equifax or TransUnion

Silva said there are measures you can practice to boost your credit without using a service to do the work for you.

Silva did recommend five tried-and-proven methods of building credit:

5 Proven Methods of Building Credit

  1. Check for errors on your credit report
  2. Get a secured credit card and or both a Merchandise Line of Credit
  3. Get a Credit builder loan
  4. Keep credit card balances below 10 percent of available credit
  5. The Obvious – Pay your bills on time

Learn more about Increditable Advisors personalized credit services and information available creditexperts.io.

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About Increditable Advisors

InCreditable Advisors is an authoritative expert on personal and business credit. We have over 20 PLUS years in the financial and credit industry helping thousands of clients rebuild their credit profiles to qualify for financing at all levels. We also specialize in helping small business owners build business credit, under their business name to secure financing to expand their businesses with no personal liability.

InCreditable Advisors has published numerous articles on the subjects of personal credit, business credit building, and credit improvement for the purpose of loan approval. InCreditable Advisors also consults with consumers on an everyday basis and advises some of the largest realty companies and lenders in Indianapolis, Indiana on credit improvement.

InCreditable Advisors has helped more than 80,000 people just like you restore and improve their credit. We are one of the very few credit repair and consulting companies that operate legally in the state of Indiana.

We are registered with The Secretary State of Indiana, registered with The Indiana State of Attorneys Generals Office, Member of Angie’s List Since 2009, Operates Under Applicable Guidelines of the FTC, FICO PRO Certified Professional, Certified Credit Counselors, Certified Business Advisors, NASCO Member (National Association of Credit Services Organizations), AFCPE Member (Association for Financial Counseling & Planning Education) and a US based Customer Support Team Dedicated To Your Success.

We have set the industry standard as a reputable organization that is built on a foundation of integrity, character and an exceptional commitment to obtaining the best results possible for each client.

Don’t trust something as important as your credit and personal information to anyone but the credit experts at InCreditable Advisors – we are the leading experts in the Personal Credit and Business Credit Industry.

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We have a team of credit professionals dedicated to helping consumers and businesses take control of their credit and improve their overall credit health. 

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