HOW TO RAISE YOUR CREDIT SCORE 5 TIPS THAT CAN HELP

1
HOW TO RAISE YOUR CREDIT SCORE 5 TIPS THAT CAN
HELP

• Click above This Image For Free Consultation
• Credit means everything in todays world. It
  affects a persons ability to buy a car, a home
  and even insurance rates. With so much emphasis
  placed on good credit, it is imperative a person
  knows how to raise your credit score. With a good
  credit score, which is typically defined as a
  score above at least 650, moderate interest rates
  on credit cards and loans are offered. This can
  save a great deal of money in the long run.
  These 5 tips will help increase a score and
  afford a person the luxury of more credit with
  better rates.
• Pay every bill on time even if the payment sent
  is just the minimum amount due. One late payment
  can dramatically reduce a credit score. It
  doesnt matter if it is only a day late. Late is
  late and it will negatively impact the overall
  score. If a payment absolutely must be late,
  contact the creditor and ask for an extension.
  Most companies will offer to do this once a
  year.
• Avoid having a bill sent to collections. Even if
  the bill is paid off, the collection report will
  stay on a credit report for seven years. Work
  with a creditor to arrange monthly payments
  before a bill is sent to collections. Most
  creditors will accept monthly payments as long
  as the payments are made on time every month.
• Avoid paying off all credit card balances
  completely. If you want to know how to raise
  your credit score, it is best to have a balance
  on credit accounts that monthly payments are
  made to. This proves the ability to maintain
  regular payments and will help to increase a
  credit score.

2

• It is crucial a person pays close attention to
  his or her credit report. Any unauthorized
  charges should be disputed immediately. This can
  also be an indicator of identity theft. As soon
  as a suspicious account appears on a credit
  report, it should be investigated immediately.
• Avoid closing accounts that are not currently in
  use. Scores depend heavily on credit history.
  Pull out an old credit card and use it for minor
  purchases from time to time to keep it active.
  The older a credit history, the better it is for
  a credit score.
• These tips are some of the easiest for a person
  to implement. The tips provided will help
  improve a score in a matter of months. For those
  who have a goal to buy a new car or a home, it
  is a good idea to star working on improving a
  credit score at least six months to a year
  before applying for a loan. This ensures the best
  rates and gives plenty of time to work on
  getting negative marks removed while ensuring
  regular payments are being made. When you are
  trying to find out how to improve your credit
  score, be wary of programs that charge a lot of
  money before any work is done.
• Visit for more Information