Raising my credit score

[Azanne07]

opening too many new credit accounts can make it appear to creditors that you are "in trouble" and will actually hurt you.

there really isn't a quick fix.


ive raised mine by 50 points over the last year by getting 1 credit card. ill use the card but pay off the balance with my next check.

capital one even has this cool app that gives helpful suggestions on how to keep getting better credit

paying off bills that have gone to creditors can have some positive affect too.

I just got a car loan not too long ago so we will see how well that goes

[yikes77]

Pay your bills on time. I just applied for a new Amex (replacing it from one I was paying a fee for to one that doesn't) and after I used it a few times and paid for my first bill off on time, my score went up by 6 points.

[plennis]

I have 2 credit cards and have had for close to 40 years, rarely  charge a lot,  and pay them off right away or within 3 months depending on what I charge with on line shopping. I pay at least 3 times the amount they say is needed for the month. The only large debt I have ever had is the mortgage on my house and I pay the regular payment and then make an extra one each month.  intend to pay it off in another 2 years making what was a 15 year mortgage paid off in 6 years.  I like my credit score it is 825, . The main thing is too never get the point you can't pay it off and are missing any payments.

You are a GLOWING example, keep up the great job.

Yes, way to go and handle your credit!

[lhz123]

As long as you pay your bill on time and even just 1 credit card and be sure that there is a movement every month and paid early after a year you get a good credit. There are also company to help you restore or have a good credit but you need to pay them. My hubby is a banker(mortgage)  so that's what he said.

[timvolley]

like others said paying your bills on time is a good way to help your credit

[Mizzkizz7]

Paying bill when it's due without being late consistently.

[cmosley2011]

Thank you all for your help! If I try one of these I may try to just get one credit card and keep it payed off and keep a check on my credit score.

[freedavis]

The rule of thumb with credit cards is to have at least one or 2 but you only put little amounts you can payoff%. Your credit gets better as you payoff each month.

[o2bnocn]

Do you ever keep track of the score? I didn't mean to keep track but do you check it often enough?

[monnee]

Pay credit cards on time and that should raise your score.

[Chelseaagrace]

I wish I had a better credit score. I used to then my hubs took out a loan and I’m done for

[alina6]

Depends how much time you have. If you just keep paying off your credit cards your credit score should go up over time. 

[fillfran82]

What is the best (fast and cheap please keep in mind) method for raising my credit score? Should I get multiple credit cards and buy something on each of them and pay them off each month? Or is there a completely different way to accomplish this? I don't know much about this is all. Thanks

Hello!

I have a good credit score, I believe the best way to get a good score is by paying off all your credit cards on time. The key is always put on your card what you can handle so you won't be in debt. If you want more great tips you should sign up with one of the credit managing companies. Best of luck, bye.

[mrrangerrick]

You still want to make purchases with a credit card (otherwise you'll have no credit). Make sure to pay everything off at the end of each month and NEVER miss a payment. The average person's credit score fluctuates 30 points or so each month. Make sure that debt goes down month to month and it'll go up in no time.

[vg7405]

I have two student loans and an auto loan (no credit card debt, thank God). I've been paying on all three for the past two to three years and my credit score is in the high 700s. I am not sure that I believe in the "good debt versus bad debt" debate. However, the fact that I started paying on these loans (which I've had to let lapse because I was paying on other loans) has helped me tremendously.