A lot of financial gurus out there will tell you how to improve your credit score. But here’s the part they usually leave out…

What happens after you achieve that magic number?

One of my most significant personal wins in the last couple of years was rebuilding my broken credit. It took time, dedication, and focus, but my intentions and efforts finally paid off. I increased my credit score by over 100 points in just four months, and it’s been a major financial victory for me! 

The experience actually taught me a lot more than how to bump up your credit points, though.

I also learned two important lessons…

What to do when your credit score is high
What do you need to do when your credit score is high in order to build more wealth? Read on to find out!

First, I understood that I have no desire to slide back into a bad credit situation ever again. I realized how empowering good credit could be, and that I didn’t want to lose that ground. 


Second, getting that massively improved credit score was only the beginning. Just because you get your number where you want it to be doesn’t mean it’ll stay there on its own! 

Empowerment and maintenance became my motivators, and they’ve made my credit score journey a success. Now I’m sharing my secrets for making the most of a solid credit score once you get it!

What can you do to both keep that score high and use it to build more wealth? In the spirit of maintaining and growing your wealth, I’m sharing my top 3 tips for what to do when your credit score is high! 

(And P.S. even if you’re not quite there yet with the credit score, read on anyway. It’ll be most useful when you get your score where you want it to be!) 

Now, let’s talk about what to do when the credit score gods are smiling on you!

Tip #1: Request increases on your credit cards. I know, it might sound strange to ask for more credit after you’ve gotten your credit under control. But even if you don’t plan on using the extra space, merely getting an increase will not hurt your credit. 

In fact, an increase can even help your credit score! So ask for an increase, and use it responsibly (if you use it at all). 

Pro tip:  Plan ahead if you know you’re going to have a short-term influx of spending on the cards you already have. Be sure that you’re not using all of your available credit at once, as this can negatively affect your credit score. 

Tip #2: Shop around for lower interest rates. Ever heard the old saying that banks only lend you money when you can prove you that you have it? Well, it’s more than an old-timey saying! 


Try going into a bank to ask for money when you need it the most (i.e. when you’re broke) and see what happens.

But when your credit is in good shape, it might be time to lock in a better interest rate for the loans you already have. 

When you’re doing well credit wise, lower interest rates become much more available to you. Here’s why…

Interest is the amount of money you’re charged for taking out a loan, whether it’s for a car, a house, or a credit card. Your interest rate is based on two major factors: the market and your credit. 

Of course, the stronger your credit is, the lower your available interest rates will be. So when you’re doing well credit-wise, shop around for the best rate you can get!

Lowering your interest rate even by 1% can potentially save you hundreds to thousands of dollars over the life of the loan. So ask for the best rate while your asking power is high!

Pro tip: No matter what your credit score is, keep an eye on how many hard inquiries you make in a year (hard inquiries are things like new loan applications, new credit card apps, etc.) The more requests for credit you make in a short time span, the more it could adversely affect your score. So choose your credit applications wisely, and spread them out over time. 

Tip #3: Look around for better insurance rates. Here’s a fun fact: did you know that people with no credit pay up to 65% more for car insurance than those with excellent credit? Wowza! 

So when your credit is up, take a look at what you’re paying for insurance, and see about getting a better deal it you can. 

Now, if your credit score and auto credit score might be different. But chances are that if your credit score is up, so is your auto score! So take advantage of it if you can. 

Pro tip: No idea what an auto insurance score is? Learn all about them on Credit Karma, and shop around for savings while you’re at it! Check that out HERE. 

So there you go! My top 3 tips to strike when the credit score iron is hot, and use that good energy to keep your wealth growing!

Got a question about anything we talked about here? Leave it in the comments below and I’ll get on it for you!

Until next time,

Love, light, and MONEY, Honey…

Kaylee

P.S. Is your credit score not where you want it to be, and does all of this sounding like a far-off dream for you? No worries–I can help you there, too! Check out this post in which I show you how to increase your credit score in 6 Simple Steps!

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