Are you thinking about applying for the Zulily Credit Card? If so, it’s important to understand the credit score requirements to increase your chances of approval.
The minimum recommended credit score for this credit card is 640. However, keep in mind that credit card issuers often consider other factors beyond your credit score when evaluating your application.
How to Increase Your Chances of Getting Approved for a Zulily Credit Card
Getting approved for a Zulily Credit Card requires a little planning. Most credit card offers require very good credit. So, when applying for new credit, it’s essential to know your credit scores and what’s on your credit reports. Here are some tips to help you improve your odds of approval:
1. Check Your Credit Report
Credit card issuers want to see a strong credit history, steady income, and low credit utilization. You can request a free credit report from each of the three major credit bureaus (Equifax, Experian, and TransUnion) once per year through AnnualCreditReport.com. Review your report for errors and discrepancies that may be hurting your credit score.
2. Lower Your Credit Utilization
If you’re using too much of your existing revolving credit, it’s a sign that you may not pay them back. Aim to keep your credit utilization below 30% to show lenders that you’re responsible with your credit. You can lower your credit utilization by paying down existing balances, requesting a credit limit increase, or using a balance transfer to consolidate high-interest debt.
3. Limit Credit Inquiries
You’ll also want to make sure you haven’t applied for too much credit in the recent past. Having too many credit inquiries can lessen your chances of getting approved. Space out your credit applications, and only apply for credit when you genuinely need it.
Need Help Improving Your Credit Score?
One of the best ways to improve your credit scores is by removing negative items from your credit report. Lexington Law can help you dispute (and possibly remove) the following items:
- late payments
- collections
- charge offs
- foreclosures
- repossessions
- bankruptcies
With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone. So if you’re struggling with bad credit and want to increase the likelihood of getting approved for new credit, visit their website for a free credit consultation.
Establish Good Credit Habits
In addition to seeking professional help, it’s important to establish good credit habits on your own. Here are a few tips to help you maintain and improve your credit:
1. Pay Your Bills on Time
Your payment history accounts for 35% of your credit score. Make sure to pay all of your bills on time, every time. Setting up automatic payments can help ensure you never miss a due date.
2. Keep Old Accounts Open
The length of your credit history makes up 15% of your credit score. By keeping your oldest accounts open and in good standing, you can demonstrate a long and responsible credit history.
3. Diversify Your Credit Mix
Lenders like to see that you can handle different types of credit. Aim to have a mix of revolving credit (like credit cards) and installment loans (such as car loans or mortgages) on your credit report.
By following these tips and seeking professional assistance when necessary, you can improve your credit score and increase your chances of getting approved for a Zulily Credit Card.
