So your credit score is not the greatest in the world, and you want to get it raised up. Well there are a number of different ways that you can go about doing just that. One of the most important things to think about when it comes to credit is getting your bills paid on time. If you are always late or behind on paying your bills, such as your electric bill or phone bill, this will all reflect badly on your credit report drastically dropping your score. If you get all of your bills paid on time for a month you will see a twenty point jump in your score. As long as you keep your bills paid then your score will slowly rise.
So why would you worry about having a good credit score? Well, if you are looking to buy a house, a car or want to be able to get any kind of loan or even an apartment, you’ll need to have a good credit score.
Another thing to think about is credit card. You may think that not getting a credit card is a good idea when in fact that is not true at all. Having a credit card and establishing a line of credit can actually help your credit score greatly. However you want to make sure that you do not go overboard with them, one or two cards is more than enough. You should try to keep the balance owed to a minimum. The more you owe the lower it will take your score. So be sure to only use them when you absolutely have to and get the bill paid on time.
Remember that just because you close out an account with a bank or credit card does not mean its simply going to go away. It will be there reflecting on your score. If you close out an account always make sure that anything you may owe on it is all paid off so that it cannot reflect negatively on your score.
If for some reason you are having a hard time raising your credit score do not be afraid to see a credit specialist and get help with your credit and take care of any problems there may be. Simply getting the help that you need will help raise your score.
So follow these few simple tips and you could be on your way to a much higher credit score in no time at all. And remember do not open any unnecessary credit cards or accounts. Raising your available credit will only end up putting you further into debt there by lowering your credit score.
If you would like to learn more about how your credit score works and how having good credit can help you, visit the US Government Credit Report and Scores website.
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