Learn 5 Easy Steps on How to Raise Credit Score
If your credit score is low and you need to purchase a home or buy a car or open a credit account you may find that these privileges are extremely difficult with less than perfect credit scores.
A bad credit score does not have to be a permanent fixture on your credit report. You can greatly improve your credit score by making simple changes to your credit report which in turn will improve your credit score in the long term.
By implementing small changes daily you can see your credit scores improve gradually and improve your chances of getting approve for credit.
1. Pay every bill before it is due. If you make it a habit to pay your bills on time you can improve your credit rating and credit score.
1. Pay your current bills on time.
Tip #2 - Get Current on Missed Payments - If you have missed payments in the past, make sure that you get current on them as soon as you can.
Late payment can have a negative effect on your credit report and in some cases can even lower your score even further. When your bills are paid on time your credit report will reflect this.
2. If you have outstanding bills it's a good idea to contact the companies and make arrangements to make these bills current.
Many times they will be willing to work with you so you can work on raising your score and settling your debt in a way that makes it a little easier on your financially.
Tip #4 - Keep Balances on Credit Cards Low - If you have credit cards, then you need to keep the balances on them low.
The higher your debt is compared to the credit available, the lower your credit score is going to be. So, keep the balance on those credit cards as low as possible.
Tip #5 - Avoid Just Moving Your Debt - Many people merely move around their debt instead of paying it off, which will not help you out when wanting to know how to raise credit score. Instead of moving your debt to another card, you should be working to pay it off instead. This is the way that you can lower that score.
A bad credit score does not have to be a permanent fixture on your credit report. You can greatly improve your credit score by making simple changes to your credit report which in turn will improve your credit score in the long term.
By implementing small changes daily you can see your credit scores improve gradually and improve your chances of getting approve for credit.
1. Pay every bill before it is due. If you make it a habit to pay your bills on time you can improve your credit rating and credit score.
1. Pay your current bills on time.
Tip #2 - Get Current on Missed Payments - If you have missed payments in the past, make sure that you get current on them as soon as you can.
Late payment can have a negative effect on your credit report and in some cases can even lower your score even further. When your bills are paid on time your credit report will reflect this.
2. If you have outstanding bills it's a good idea to contact the companies and make arrangements to make these bills current.
Many times they will be willing to work with you so you can work on raising your score and settling your debt in a way that makes it a little easier on your financially.
Tip #4 - Keep Balances on Credit Cards Low - If you have credit cards, then you need to keep the balances on them low.
The higher your debt is compared to the credit available, the lower your credit score is going to be. So, keep the balance on those credit cards as low as possible.
Tip #5 - Avoid Just Moving Your Debt - Many people merely move around their debt instead of paying it off, which will not help you out when wanting to know how to raise credit score. Instead of moving your debt to another card, you should be working to pay it off instead. This is the way that you can lower that score.
About the Author:
Would you like to improve your credit rating?, make sure you check out Macus's website to raise credit score in less than 30 days at Credit Score Rating Guide, You will Learn How to get approved for credit
posted by Credit Counseling at
1:39 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home