2006-07-29 09:37:16 · 8 answers · asked by allnightergl 2 in Business & Finance ➔ Credit
First of all get a copy of all of your credit reports (3) Transunion, Experian, and Equifax. They do not exchange information so you have to get all 3 to dispute incorrect info.
Pay credit cards down to 50% of the credit limit. Keep the cards OPEN, BUT DO NOT CHARGE.
Buy a house. A mortgage is a great way to increase your score. Then if you need to charge open a HELOC loan. Payoff the credit cards, have a better interest rate and it's tax deductible unlike credit card interest.
Transunion is the only one that provides the score.
2006-07-29 10:05:37 · answer #1 · answered by Credit Expert 5 · 0⤊ 0⤋
Cancel up to half your credit cards - the newest ones. Close down all the "lines of credit" you might have with store cards. Don't allow any credit checks - including all those great 0% interest for a year with your new card, or 10% off your purchase today. Lower the credit limit of your current cards.
Of course, pay your bills on time, preferably pay them off.
2006-07-29 17:23:46 · answer #2 · answered by Anonymous 7 · 0⤊ 0⤋
Pay down your credit card debt but do NOT cancel your credit cards. Just cut them up. Your credit score goes up if you have a lot of credit that you aren't using. Pay on time and don't let anything go to collections.
2006-07-29 16:41:16 · answer #3 · answered by Cathy L 3 · 0⤊ 0⤋
'Credit Expert' said trans union is the only credit agency to provide a credit score. They all provide a score. They don't include it with your report at no extra charge.
2006-07-29 19:29:20 · answer #4 · answered by STEVEN F 7 · 0⤊ 0⤋
Please don't listen to the person who says cancel your cards. You NEVER cancel a credit card you don't have to use it just don't cancel it you are telling the credit companies that you do no trust yourself and that is not good. I told my older sister that to late and she did it with some very old cards, her credit score went from a 805 to 777 because of this.
2006-07-29 21:00:34 · answer #5 · answered by jodi_lynn_124 2 · 0⤊ 0⤋
Get a secured credit card from Premier Bank. It shows up unsecured on your TRW. Pay off any outstanding balances you may have acumulated over time, be it a credit card debt or something else. Getting a student loan may also help.
2006-07-29 16:45:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋
There is some useful advice here.
2006-07-29 18:37:04 · answer #7 · answered by Anonymous · 0⤊ 0⤋
pay your bills
2006-07-29 16:44:48 · answer #8 · answered by daddysboicub 5 · 0⤊ 0⤋