What is the best way to raise my credit score?

I have good credit but am trying to improve my overall score.... I have a major credit card and a major store card and keep both balances low/pay them off, house loan, car loan and all accounts paid on time. Do I need to obtain more credit to improve the score or should I make a major purchase such as a new car?

Public Comments

1. Just pay everything on time.
2. There are several things you can do to improve your credit score but it doesn't include making another purchase. The only way to know how you can improve your credit is to check out your credit report. It sounds like you should already have good credit, but you never know until you check. Find out what the creditors know. You might be surprised what's keeping your score down, it might be something totally unrelated to your credit now, and it could go back 7-10 years. But once you have the report you can request changes and updates if the information is wrong. If you follow these suggestions, you will get a better credit report within 6 months.
3. go to www.creditboards.com and start reading. good luck!
4. I second creditboards.com It has the best forum and the ppl are very helpful. I've been a member there since April of this year and already raised my scores from the mid 600's to the 700's on all three CRA. And bought my 1st house thanks to the ppl that helped me there. Just make sure you read the newbies section when you join. Most of the common questions are answered in that section. Bye
5. The process of credit repair is much more than simply eliminating the negative information. You should ensure any positive information that can improve your credit score is actually included. http://get-out-of-the-debt-trap.com/category/Ways-To-Boost-Your-Credit-Score.html
6. The following 5 critical factors affect your credit score in a major way. By knowing these you can keep a check on them and make your credit score a healthy one. 1. Re-payment history This factor carries the highest weight in your credit report. How steadfast are you in repaying your loans, makes your credit report shine. Experts claim that this factor alone accounts for 35% of points in your credit score. So, if you falter on repayment front it is sure to be reflected poorly on your credit score. 2. Outstanding debt The next comes your debt burden. How much you owe is a factor that according to experts carries about 30% weight in your credit score. This is 30% is based upon outstanding debt. To get a better score it is advised that you keep your outstanding debt to a minimum. 3. Length of your established credit history The time for which you have a credit history also matters. The longer your established credit history the more credit reporting agencies believe in you. This could be simply because of the fact that they have more data to analyze your financial position. Experts give it a 15% weight in determining your credit score. 4. The state of your financial accounts How much money do you have in your bank account, your income levels, your house, car, your assets etc. comes the next. A healthy bank account reflects a healthy credit score. Experts find that credit reporting agencies give this factor 10% weight while determining your credit score. Read more from: http://www.credit-card-gallery.com/article/204,5_critical_factors_affecting_your_credit_score
7. here's the experts http://gsx1.com/improve-credit-score.html