what is a good way to raise your credit score if it's already poor?

Answer 1

1. Always pay on time or ahead of time.
2. maintain low balances on credit cards
3. keep your total potential debt to earnings load low - If you have a card with a $15000 credit line, you may ask them to reduce it to something more realistic, like $5000.
4. I was told by an underwriter that having just two cards, a major credit card (VISA, MC) and a consumer card (Sears, best buy, etc...) is the best mix for revolving credit.
5. You should have a recent history of both installment or term (Car or house loans) and revolving credit.
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Answer 2

To help improve your FICO score you must:
Pay bills on time.
Keep balances low on credit cards and other revolving credit products.
Apply for and open new credit accounts only as needed.

The most important factor in a Score?

Payment history.
Amount owed.
Length of credit history.
New credit.
Types of credit in use.

It takes time to rebuild credit but it is possible....

Answer 3

Open a bank account at Bank of america and get a secured visa or mastercard. Use that for about 6 months and make the proper payments. Should raise your score around 50 points.

Answer 4

Pay your credit bills on time and try to avoid applying for anything that will require people to run/check your credit. You get dinged in a bad way every time your credit report is pulled by a creditor so they can check it.