What is the best way to improve your credit score?

What are the best credit cards to have?

Public Comments

1. This depends on the credit profile. A file that requires dispute involves more time than a file being rescored after paying off debt but these are 2 avenues to improve credit in addition to paying bills on time. That can have the biggest lasting affect. Balances can be adjusted and scores corrected quickly but derogatory info can be a 7 year battle. I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.
2. Besides making your payments on time, keep the balance below 50% of your high credit limit. I see about 50-100 credit reports a day and cards from places like Bank of America, Wells Fargo, Citi, and store cards like Jcp, home depot, bstbuy etc. report to the bureaus on a regular basis. Cap 1 is a card that usually reports wrong info. Don't put in credit apps with a bunch of people at one time. Inquiries will effect your score. Pay off collections and make sure the bureaus are notified when your debt is paid by putting in a dispute for the creditor. Make sure that everything is reporting accurately. If its closed it should say closed account. Make sure there are any late dates that aren't right.
3. First obtain a copy of your report and check for any inaccuracies. Dispute the inaccuracies. Check the amount you are spending compared to your availble credit. You want the ratio to be 30% debt compared to availble credit. As for credit cards, be careful and do not apply for cards you do not need. If you are interested in comparing card rates, check out the link below.