Print This List    Email to a Friend  

Steps to A Better Credit Score  
TIPS 

Tags: credit repair, build credit score, credit score, increase credit score, bad credit, good credit

Everybody makes mistakes. If you've made one of those mistakes that hurt your credit score, you may need to do some rebuilding. Try these easy steps TO BUILD YOUR CREDIT.

1.	Be punctual - Pay all your bills on time. Late payments, collections, and bankruptcies have the greatest negative effect on your credit score.
2.	Check your credit report regularly and take the necessary steps to remove inaccuracies – Don’t let your credit health suffer due to inaccurate information. If you find an inaccuracy on ryour credit report contact the creditor associated with the account or the credit reporting agencies to correct it immediately.
3.	Watch your debt – Keep your account balances below 50% of your available credit. For instance, if you have a credit card with a $1,000 limit, you should try to keep the balance owed below $500.
4.	Give yourself time – Time is one of the most significant factors that can improve your credit score. Establish a long history of paying your bills on time and using credit responsibly. You may also want to keep the oldest account on your credit report open in order to lengthen your period of active credit use.
5.	Avoid excessive inquiries – A large number of inquiries occurred over a short period of time may be interpreted as a sign that you are opening numerous credit accounts due to financial difficulties or overextending yourself by taking on more debt than you can easily repay

Lister: yoonoo
Source: Bad Credit Resources

Other lists of interest:

10 Ways to Improve Your Credit TOP #  (0)

How to Remove a Judgement from Your Credit Report HOW TO  (1)

Remove a Charge Off from Your Credit Report Do's/Don'ts  (0)

10 Ways to Avoid Being the Victim of Identity Theft INTERESTING  (0)

The Easiest Way to Get Rich HOW TO  (1)

Rate it:
Give your rating for this list. One is the lowest score, five is the highest.

1.  2.  3.  4.  5. 

Add a Comment: Add your comments about the list. Enter your comment in the box below.