how do i help my credit score?

Answer 1

1) Dispute EVERY SINGLE BAD THING. Late pays, collections, etc. This works best if those 'bad' collections are PAID. YOu'd be surprised how much you cna get deleted when the colelction company already has their money-- and so they dont respond.

2) Pay down all CC balances to under 40% of their limit. (UTILIZATION makes up 30% of your score.)

3) Don't open new accounts unless absolutely neccessary-- assuming you already have a few credit cards and such going. If you've cleaned up old history, you need to create GOOD history by establishing new, good payments. If you have almost nothing on your creidt, you might need to open a new account.

4) Dont close old accounts. Again, you need that history. They like to see the same accounts open long term.

5) Pay everything ontime. Always. No exceptions.

And, as far as getting loans and such...create a savings. this doesn't go on your credit, but banks like to see you have a 'reserve'.

Answer 2

Easy my-friend.
1.do not max or near your credit line.
2.tease your credit card, ex-sample
a-1 credit card limit $5,000 already used/spend $2,500, do not exceed $2,500, you can only go below that, if you want to increase your scores. Tease your credit card but not go beyond the half mark points.
3.if you have multiple credit cards, pay them off or below the half mark of the limit. But if you pay of any of your credit cards, never close that acct., leave it open, closing it will cost you a point.

Answer 3

1. Pay all your bills on time
2. Pay down your credit card debt, and pay the one with the highest interest first.
3. Check your credit report and make sure there arent any mistakes on it that would lower your score.

Answer 4

There are many ways. The most efficient and obvious way is to pay all your debts/bills in time. To learn more, check out:


http://www.freewebs.com/infosource100

Answer 5

You demonstrate that you are credit-worthy, i.e., pay your bills promptly.

Answer 6

Just pay in full every month.