What are some additional tips outside of paying your debts and bills on time that will improve your credit score?
2006-09-20 02:22:08 · 10 answers · asked by amber lee 2 in Business & Finance ➔ Credit
time, time,TIME
2006-09-20 02:25:59 · answer #1 · answered by sugerglaze28 3 · 0⤊ 0⤋
Another way you can raise your credit score is to open a credit card with someone who has a much higher score than you. charge something and pay it off immediately and voila it will raise.
Now I myself have not tried this due to I already have a score well into the 800's but I was told of this, if we wanted our son to start with a high score pretty much at age 18.
Other than that... definitely pay off a loan you have NOW and it will rise... we have also been told that paying your monthly bills early go towards your score. I do not know if I believe this, but I have always paid early anyway not caring about my credit score.
Best wishes for a debt free future ! : )
2006-09-20 02:43:11 · answer #2 · answered by Kitty 6 · 0⤊ 0⤋
no longer very quickly in any respect, your historic previous tells them the way you manage funds, you go with historic previous that shows you're rock stable inclusive of your funds, funnily adequate once you would be rock stable inclusive of your funds, you will no longer could have a sturdy score given which you will no longer choose the money, that's a capture 22 concern. usually, borrowing funds is stupid and that i make larger that to even figuring out to purchase properties. All you go with is 30 grand to purchase something decent at an public sale and you will shop that for the period of under 4 years working at McDonalds. RE: how briskly does your credit boost after paying off credit enjoying cards? I actual have a sturdy fee historic previous with all my credit strains yet I actual have diverse revolving credit card debt. I plan on paying all of all of them the way down to under 25% balances interior the subsequent 3 months. My credit is...
2016-10-01 04:23:38 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Planning and budgetting of income and expenses and what you owe to others and if only small amount is left out, that is to be saved for future. Small drops make a ocean is really correct and one should not be in the habit of going on checking every now and then after start saving. Allow a minimum of 5 years and by the time you will get over the habit of getting loans and you yourself will refuse to go in for loans which you cannot repay in short periods.
VR
2006-09-20 02:27:19 · answer #4 · answered by sarayu 7 · 0⤊ 0⤋
besides paying all you bills and paying them on time, the only other thing that will really improve your score is time. having established credit lines will improve your credit score every year.
2006-09-20 03:08:13 · answer #5 · answered by bella_4624_19 4 · 0⤊ 0⤋
Keep credits balances on credit cards under the 50% mark. The higher your balances are the lower your score will be. Also don't gets cards for the sole purpose of having them. Too many cards and other lines of credit can look bad even if you carry no balances. Excessive inquiries for credit also look bad. Don't apply for credit unless you absolutely need it.
2006-09-20 02:28:13 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Have a higher income (like get a part-time job)... that will reduce your income to debt ratio.
2006-09-20 02:26:33 · answer #7 · answered by answerlady1021 4 · 0⤊ 0⤋
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2006-09-23 20:33:19 · answer #8 · answered by Anonymous · 0⤊ 0⤋
pay your bills on time....keep buying with cr card and pay bills on time
2006-09-21 00:36:42 · answer #9 · answered by Anonymous · 1⤊ 0⤋
buy something (small) and pay it off quickly.
2006-09-20 02:24:36 · answer #10 · answered by tbaby 3 · 0⤊ 0⤋