How can I raise my credit score?

Home More advice Jobs & Money

• Answer #1

  Hi,

  1. Get a copy of your credit report. Obtaining a copy of your credit report is a good idea because if there is something on your report that is incorrect, you will raise credit score once it is removed.

  2. Pay Your Bills On Time. Your payment history makes up 35% of your total credit score. Your recent payment history will carry much more weight than what happened five years ago. Missing just one months payment on anything can knock 50 to 100 points off of your credit score.

  3. Pay Down Your Debt. Your credit card issuer reports your outstanding balance once a month to the credit bureaus.

  4. Don’t Close Old Accounts. In the past people were told to close old accounts they weren’t using. But with today's current scoring methods that could actually hurt your credit score. Closing old or paid off credit accounts lowers the total credit available to you and makes any balances you have appear larger in credit score calculations.

  5. Stay Out Of Bankruptcy. Bankruptcy is the single worst thing that will destroy your credit score. Bankruptcy will lower your credit score by 200 points or more and is very difficult to come back from. Once your credit score falls below 620, any loan you get will be far more expensive. A bankruptcy on your credit record is reported for up to 10 years.

  Good luck.

• FUNADVICE MONEY

  • Investing Options for Every Lifestyle
  • Understand the Home Loan Process in Singapore
  • Craft Creative Content for Instagram Generations
  • Explore the Exciting Employment Scene in Melbourne
  • How to Play Digital Poker in the US
  • Pari-Mutuel Betting: What Is It And Should You Try It?
• Answer #2

  Hello,

  It is ideal to plan your retirement as early as possible, but how exactly are you supposed to do this when you are knee deep in debts. You can live like a king during your retirement provided you take care of your loans and debts as early as possible and also have a remarkable Credit History. Contact the email below... We can help you rebuild your Credit History and improve your Credit Score. We can also help in Paying off your Credit Card debt, help you spy on spouse if you suspect infidelity, we are going to give you access to your spouse device without you touching it, you are going to be able to control your spouse device remotely without touching it, University score upgrade and so much more, our team the best out there.   We offer professional cutting edge solutions to all the above through plans that have been developed by experts. Contact him via text +16095434569 or michaellinton804@gmail.com to be a part of this irresistible offer.

  Regards

• Answer #3

  Here's some more info:

  http://www.wikihow.com/Improve-Your-Credit-Report-Score

  Good luck !!

• More advice in Jobs & Money

  1. Jobs & Money
  2. what is my credit score?
  3. How do I raise my credit score?
  4. Will regulary checking my credit report lower my credit score?
  5. How can I improve my credit score in 24 hrs?
  6. Can I get a loan with no credit?
  7. How can I get a American Express credit card with $750 credit?
  8. Why do credit report sites cost money to get a credit report?
  9. How to improve on our credit rating?
  10. What are good ways to raise money, like fund-raising?
  11. Can I get a house with horrible credit?