How do i get my score higher?

Question

I have been trying to pay off collections - my credit is still low. what else can i do. i have open accounts???

Answer 1

1 pay bills on time
2. You still have open accounts that is good pay them down to below 30% of the credit limit, do not close them as that will hurt your credit to debt ratio.
3. Call the collections and see if they will remove you if you pay them off, if not will be on your record for 7 years from the first missed payment.
4. Do not apply for any credit anywhere each time you do you lose 5-7 points on your score

Answer 2

yes i agree with the other answers- it will take time. try not to open any new credit if you already have open accts. this will not help. just pay your things on time & also keep you debt to available credit low like 30-40% or less. for example if your available credit on your ABC credit card is $1000 keep what is charged below $300-400. this will show you are a responsible "charger"... I hope this helps

Answer 3

to raise credit score?

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 4

Pay your bills on time. It will take time. Do not pay off collections unless they send you something in writing saying they will remove it from your credit

Answer 5

it takes time.. and after u have paid off all your bills, u will see a change after 6 to a year..