What is the fastes way to improve my credit score?

Public Comments

1. Pay off all your debts.
2. While paying your bills on time always helps...there's other factors. Try and get rid of low limit credit accounts. Do not max out your credit cards....you have a debt to income ratio that plays big into your credit score. They want to see you have plenty of free credit but your disciplined not to use it all. This more or less shows your responsible with your cash.
3. most ppl say a credit card but i think if you could get a bank note from your bank thats the best
4. 1. Always pay on time or ahead of time. 2. maintain low balances on credit cards 3. keep your total potential debt to earnings load low - If you have a card with a $15000 credit line, you may ask them to reduce it to something more realistic, like $5000. 4. I was told by an underwriter that having just two cards, a major credit card (VISA, MC) and a consumer card (Sears, best buy, etc...) is the best mix for revolving credit. 5. You should have a recent history of both installment or term (Car or house loans) and revolving credit. ------------------------------ http://www.bestcreditrates.net
5. less debt on your credit cards.great salary,on time payments on credit. and less spending on credit cards.
6. First, it would help to know what makes up your score 35% payment history 30% total debt vs. available credit 15% length of time establishing credit 10% types of credit 10% inquiries and new credit Now, having said that you wanted to know what tanks your score, I'll give you a quick list 1. Late payments 2. Maxed-out credit cards 3. Unnecessary applying for credit (inquiries) each time you apply for credit whether you're approved or not, it drops your score anywhere between 3-5 points. Now... What can you do to improve your score? 1. Pay on time 2. Keep balances low (25-30% of credit limit) 3. Have different types of credit (installment and revolving) 4. Be an authorized user on someone's credit card in excellent standing
7. pay your bills on time!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!