Unfortunately, my credit score is a little on the low side. What can I do to bring it up again?

Answer 1

The only way to bring up credit scores are to either reduce debt on credit cards to under 30% or make payments on cards or installment loans on time every month.

I used 2 credit cards for every day things, never exceed 30% of my credit limit in any given month and paid in full before the due date, score went up over 150-point in 24-months.

Answer 2

Your credit score and overall credit rating are the measuring sticks by which you are judged. Once you know your credit score and where that number came from, you can start to explore your options. Here are five of the more common and credit history mistakes:

1. Failure to establish a permanent mailing address. If you can't prove that you live at the specific address on your credit application, you will likely be denied. Creditors don't like "fly by night" credit applicants, so be sure to establish a permanent mailing address before you apply for a loan or other credit.

2. Having a "bad" credit history. Your past credit history usually counts for as much as 35% of your credit score, so if, for example, you have had a history of late credit payments, this is definitely hurting your score. Missed and late payments will stay on your record for as long as six years. But the good news is that if you start to pay bills on time and establish an on-time payment plan for at least one year, those missed and late payments will likely affect your overall credit score much less.

3. Being at your address for a short time. If you have been at your current address for less than three years, your credit score will be lower in the eyes of most creditors. Creditors like consistency and continuity, and would-be credit seekers who move around a lot tend to make them nervous.

4. Too many credit cards. Every time you apply for a new credit card, an official inquiry is made on your credit report. The math is simple: too many inquiries = too many potential points against your credit score. And that may indicate overall credit history mistakes and problems. A good rule of thumb is to avoid applying for more than one new credit card per month — especially if you are planning on trying to get a significantly large loan for a home, car or other big-ticket item.

5. Too many different jobs. Most creditors feel better lending money to those who show a consistent employment record. If you have changed jobs a lot in the last few years, your credit score is likely to suffer. If you are planning on seeking credit, wait until you have been at your then-current job for at least six months.


Good luck, hope this helps!

Answer 3

open up a savings, or a rif and make sure you put money in it on a very regular basis. If you have a credit card use it and pay it off on time, plus some. Pay all of your bills on time and more than the minimum payment and just keep tht up for a little bit and you'll be in the clear in no time :)

Answer 4

pay your debts on time.

no seriously, the only way to improve a credit history is to make credit payments and make them ontime. The easiest way is to use a credit card to buy something you usually pay cash for (like petrol) then save the cash and pay it off, in full, every month without fail.

even if this means getting a pre-paig (or guaranteed) card until you can build up enough of a history to get a proper one.

Answer 5

Pay no bills pay cash for everything.
Who needs credit ?

Answer 6

pay off all debt and pay bills on time and over time your score will go up

Answer 7

Pay your bills regularly and on time, and don't charge anything you don't absolutely need.