Steps to take to increase the Credit score.?

i want to know details information to increase the credit history. for like how many bank accounts,credit cards we can maintain to have good history and also what are steps to take to develop the score. on what basis credit Bureau will provide points. i need to know more details about that.

Public Comments

1. 1. pay your bills 2. on time
2. You can go to Transunion and pay for all the details. All your questions will e answered there
3. Best web site to learn. The e-book is fanstastic. www.LearnAboutCredit.com
4. 1. Apply and get approved for credit cards. Start with a one or two, then after few months get more. 2. Buy things on your credit card and then pay on time your credit card bills. Never miss a payment! Pay little more than a minimum payment. 3. Remember that your total debt (debt from all the credit cards together) must not be higher than 30% of your total credit extended to you (the total of all the credit lines). If you happen to be in debt beyond the 30% of your total credit, then open another credit card. This will extend your credit and therefore bring the ratio down. That is only if you want to have an excellent (ideal) credit. For the good credit, you don't have to follow the 30% rule so strictly. As long as you don't charge your cards to the limit, and pay your bills on time, you will be alright. It will take some time to develop your credit. Be patient, and give it about a year or two.
5. 1st off one bank, one checking account. one savings account. one or two loans (small) keep all payments on time and keep all accounts open. as the good outways the bad your score will increase. NEVER get over your head.
6. Never make a late payment, use secured credit cards.