what are some good credit building tips?

Question

I have a moderate score I just need a boost, any info would be appriciated

Answer 1

Get yo' bills CURRENT!

Answer 2

Your question is a common one. The best thing to do is nothing. Don't keep applying for credit. Don't keep using credit. Keep your bills current, pay more than the minimums, and save your need for credit for large purchases: home, car, etc. Do not cancel cards, especially the older ones to keep your history with credit on the records. It's all about time. Verify all of the information on your credit reports to make sure that there are no glaring errors. I've seen them.... sons having father's late payments on their credit reports, incorrect dates and addresses, outdated accounts still showing active or with balances.

Answer 3

Tips on boosting your credit score can be found here: http://creditwisdom.blogspot.com/2006/09/raising-your-credit-score.html

Aside from disputing negative items there is no immediate way of raising your score. Getting your fico score up involves time, discipline and responsible habits. Paying bils on time, keeping the amount of credit used and having a variety of accounts managed repsonsibly will help you raise your fico. To see how the score is calculated check out http://creditwisdom.blogspot.com/2006/09/fico-breakdown-how-your-credit-score.html

Answer 4

The more credit cards you have helps to build up your credit rating as does having store cards and as long as you do not miss any payments then everything will be ok. Hope this helps and if you need a loan a very helpful loan company i dealt with were loanlands.co.uk

Answer 5

You should try the piggybacking technique outlined here: http://www.expert-credit-advice.com/building_credit.htm

Taught by experts!

Answer 6

Borrow more money.