2007-01-05 01:00:58 · 7 answers · asked by mike j 1 in Business & Finance ➔ Credit
completely focus on any outstanding bills you have and pay them
off as quickly as possible and if you don't have any keep it that way.
depending on your specific situation and what you're trying to achieve cut overspending as much as possible.
make youself a budget, a realistic one that you can commit to.
if you are just trying to improve your score and are not in debt
do as the other answerers said.
only make purchases that are truly neccessary (keep your goal
constantly in mind) limit dining out, entertainment, gift giving (your friends and family will understand), walk when you can
instead of driving, anything that you can do to save a buck will
leave more money to pay off bills.
ultimately we all should make good habits in how we spend our money and to think about our future realistically.
good luck.
2007-01-05 01:15:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Pay off your debt. If you don't have any credit cards, get one and pay double payments on it every month. Get a copy of your credit report and make sure everything on it is supposed to be on it. DO NOT APPLY FOR ANY OTHER CREDIT the whole year. These show up on your report and lower your score. If there is anything on your report that shouldn't be there, make sure that you file a dispute with the credit reporting agencies. Its hard work but a year gives you plenty of time to do it.
2007-01-05 01:05:19 · answer #2 · answered by RayCATNG 4 · 0⤊ 0⤋
Unfortunately the more forms of credit you have, the better your score. Bit of a vicious circle really! You need a good credit score to get credit and to get credit you need a good credit score.
Are you trying to get a loan or mortgage or credit card? If any of the above; get a credit card and ensure you pay equal to or 50% more than the minimum repayment amount off monthly. This will improve your credit rating and put you in good stead for more risky ventures for credit providers (e.g. high value long term loans and of course, mortgages.)
Contact Equifax if you are in the UK who can provide you with your credit rating.
2007-01-05 01:06:42 · answer #3 · answered by Nix 3 · 0⤊ 0⤋
It depends on how screwed up it is. First get a copy of the report. If there are discrepancies, write the reporting agency to correct it. They will only deal through snailmail.
Then make sure your accounts are out of default. make monthly minimum payments ON TIME. If you don't have much credit, then open up a secured credit line. Even after all tose, your points will go up only slightly. Patience and long term fiscal responcibilty is the best way.
2007-01-05 01:07:49 · answer #4 · answered by an_awsome_woman 3 · 1⤊ 0⤋
Do you have bad credit or just want to increase your score. According to myfico to obtain a good score you need the proper mixture of credit. 2 credit cards, a store card and a installment loan (ie: car , mortgage ). If you need help with bad credit email me and I can send to some sites that will help.
2007-01-05 01:12:18 · answer #5 · answered by lefthanded 1 · 0⤊ 0⤋
Pay off all your debit. Or if you have none, get a credit card and charge a little on it each month and then pay it off at the end of the month.
2007-01-05 01:03:24 · answer #6 · answered by gummi bear 3 · 0⤊ 0⤋
Get a copy of your credit report....start paying off people on it. thats what i did. raised my points by 80
2007-01-05 01:03:36 · answer #7 · answered by bwassinger 2 · 0⤊ 0⤋