keep paying your bills on time.... and if you close down any credit card... do the MOST RECENT ONES FIRST....to maintain your credit history.
Dont apply for every loan or CC that comes down the pike, as those inquiries into your credit will DING your FICO score...
2007-10-14 12:42:43
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answer #1
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answered by I Can Count To Potato 7
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Your credit score is based on a number of things, like payment history, credit history (how long you had a credit card), revolving balance, number of inquiries and derogatory items. best way to boost up a credit score is by paying down any debt you have to less than 25% of your credit amount. For example if your total credit is $100.00 make sure you owe less than $25. Also pay more than the minimum every month and if possible pay it off every month.
If you want to boost your credit immediately you can try piggyback on someone with an excellent credit score. This will boost your credit score quickly. For example, you know someone with a really high credit score, ask them if you can have your name on one of their (or all) credit cards. Because their credit score is high, your will go up immediately. Depending on how good their credit score is, yours can go up quite high. When I had a low credit score(also with no credit), my name was put on my parents who had high score. Just because my name was added to their credit card and other loans I went from low 500 to mid 700. It takes a lot of work to bring up the credit score but just one late payment or missed payment could hurt your credit drastically.
2007-10-10 22:39:19
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answer #2
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answered by scrapstar80 1
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Pay your bills on time, Don't carry large balances on your credit cards. Thats the simplest way.
2007-10-10 19:57:47
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answer #3
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answered by redd headd 7
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Pay off what ever is bringing it down
2007-10-10 19:55:32
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answer #4
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answered by Anonymous
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