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Hey..I was thinking about ways to keep my credit score in good standing; unfortunately that happened after I made several errors on my own. So, in the interest of helping you avoid my mistakes, I’ve compiled that handy-dandy list of how to raise your credit score:

Don’t open new credit cards that you don’t need
Don’t apply for credit cards too often. An inquiry is placed in your file every date you apply for credit. Too many new applications for credit can lower your score.

Closing an unused explanation does not invent it go away

Don’t discontinue unused credit cards. A closed explanation still shows up on your credit report and may be factored into the score. that strategy will not raise your credit score.

Own credit cards - but handle them responsibly

Generally, having credit cards and making payments on instance raises your score. All you have to do is to manage them intelligently.

Don’t have very few credit accounts

You are plus considered a credit risk whether you have no credit or loans accounts. A few credit cards

in good standing and balances with fair limits can help improve your score. An individual with no credit cards is at a higher risk than one who manages them responsibly.

Keep away from Bankruptcy

Bankruptcy is a factor that can destroy your score. Any kind of loan you get will be more expensive. Bankruptcy stays on your credit record for nearly 10 years. To sort out your bill problems and to avoid bankruptcy at all costs it is advisable to consult a credit counselor. By opting for credit counseling instead of a bankruptcy declaration, you can raise your credit score in a comparatively much shorter period.

Dispute Old Negatives

You can dispute incorrect info on your credit report. Likewise, you can additionally argue by other negatives. Lenders and collection agencies very often move your data so many times that their records often mess up. whether they seem least interested in collecting money, negative items can be erased from the report. that sometimes may turn out to be the quickest way to raise your credit score fast.

Orginal post by Leeia Ladipoh

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