what things could i do to boost or make my credit score go higher?

Answer 1

As I improved my credit score, I notice that accounts that carry a high balance (i.e. maxed or close to maxed) and having too many open accounts really stumped my score. Inquiries have minimal impact on your credit scores. Having excessive amounts of inquires will slightly lower your credit score, however it is not weighted the same as a delinquent payment or a higher balance.

I recommend keeping a balance of no more than 20-25% of your credit limit. Most will say 30%, but at 20-25% you have the extra 5-10% as a cushion for purchases and finance charges.

Credit inquiries take a little more than two-years for removal. I say a little more because if the inquire was on 12/2/2004, the removal will post on January.

Non-credit bills (i.e. rent, utilities, and cable) do not really help your credit score as they maintain it. In other words, paying your non-credit bills does not raise your credit score, but delinquent payments will lower it.

Watch out transferring balances to another card. Read the fine print because sometimes it is at a higher rate plus additional fees. Some cards consider balance transfers as cash advances, which means higher interest and advance fees.

Request a copy of your credit report and check for inaccuracies. Those inaccuracies can lower your score. My credit score went from a 685 to a 692 after correcting some inaccuracies (credit inquires that were not removed after two years and an open account that I paid/closed). You are entitled to a free credit report per year that has information from all three credit agencies. However, that report does not disclose your credit score. You will need to purchase your credit report through a broker or bank to see your score.

Credit does not build quickly. Most think they will build up a 700 score with a car loan and a few credit cards. You have to consider how much history you established and your financial behavior with those accounts.

Patience and good financial behavior is the key.

Answer 2

Ways to Improve Your Credit Score
Review your credit report for any errors and correct glitches that may not be accurate (but are still hurting your current score).
Refrain from opening a lot of new accounts over a short period of time, especially if your credit history is on the shorter side to begin with.
Pay your bills on time.
Don't open any credit lines you probably won't use. For example, don't open a lot of store credit cards just to get the initial 10 percent discount.
Instead of moving credit card balances to lower rate cards, try to pay them off. Transferring balances can change the ratio of your total credit card balances to your total available credit lines, hurting your credit score.
Open a few new credit accounts, use them responsibly, and make your payments on time.
Try to use your credit cards less. Even better, pay them off every month. The bigger the space between your total credit limits and the balance you carry, the better. Try to keep your balance below 25 percent (for example, $2,500 if your credit limit is $10,000).
Contrary to what you may have heard, don't close old, paid-off accounts. Credit companies used to advise people to close old credit cards they were no longer using. But closing these cards shortens your credit report and makes you seem less credit-worthy.
Avoid bankruptcy. Declaring bankruptcy is one of the worst things you can do for your credit score. It may seem like the easy way out in the short term, but over time it will cost you tons in the way of high interest rates.

Answer 3

Start by applying for as many credit cards as possible...use
them only when you have the money to pay for them...pay them
off on time monthly no matter what. Do not pay the minimum
payment. This will make it soar.

Answer 4

You'll find all types of tips and advice on how to raise your credit score at http://www.mycreditadvise.com

Answer 5

1. Use you credit card for at least one small purchase every month.
2. Pay your bill on time, every month.