how do you improve your credit score?

Besides, paying the bills....

Public Comments

1. That's about it. Pay your bills on time every time and be patient. Don't abuse credit. Don't get in over your head.
2. Besides paying timely monthly payments, you would want to consider keep your balance to high credit ratios below 50% and don't close paid off accounts, keep them -0- balance, but open. Dont take on a lot of new credit accounts. I provided a website for the Fair Credit Reporting Act that offers additional information about your rights as a consumer. Hope it helps.
3. That's pretty much it, make sure you pay your bills. Dont have to many credit accounts. Your debt to income ratio needs to be good. If you have a credit card keep the balance low enough where you can pay it off each month. With that your credit should improve pretty fast.
4. Get yourself one of those Visa Credit cards and make sure you pay the payments for what ever you can charge. or go out and buy yourself a used car and make sure you make the payments ontime until you pay it off.
5. Get 2 credit cards and use them for everyday things like gas and food being careful never to exceed 30% of your credit limit in any given month and pay them off in full before the due date. This will do two things, first it will establish a pay history and second it will keep your debt to credit ratio low. These two things alone make up 65% of your credit score. Dont worry about having a balance, the lag time between the billing date and the due date will give the credit card companies something to report even if it's only a few dollars and you will not be paying interest on it. I have done this myself for the last 2 years and raised my score over 150-points. The other thing you can do is go to www.ConsumerAction.gov and get a free copy of the 2007 edition of the Consumer Action Handbook and learn how credit works and what your rights are.
6. If you have a house mortgage in California my company could refinance your property and within 60 days get you a credit score of 720. email ttiraturyan@yahoo.com if interested