If you are struggling to bring up your poor credit score, it can be easier than you think. It might take some time to get your credit score to where you would like it to be, but there are steps to take to get you there. Here are a few tips on how to improve your credit score. Try some of these tips and you will reach your credit score goals in no time.
Don’t Use All of Your Available Credit
One sure way you can improve your credit score is to be sure you aren’t using the entire allotted amount of credit available. Most credit cards will offer you a high line of credit, but that doesn’t mean you should use it. It is recommended that you use no more than thirty percent of the credit limit that is available to you in order to improve or maintain a good credit score.
Pay off Your Debts
Another way you can improve your credit score is to pay off all of your debts as soon as you can, particularly your credit card debt. Your score will improve if you only have one or two cards with balances rather than having several cards with small balances. This is because part of your credit score is contingent upon how many credit cards you have. It just makes more sense you have one or two cards that you can use rather than several cards with so many balances to pay off. Consider paying some of the smaller amounts off or transferring the balances onto one card.
Always Pay Your Bills on Time
You can also improve your credit score by paying your bills on time. This shows that you are reliable and on time with your payments.