$$$$ improve credit history $$$$$

United States
April 15, 2008 4:37pm CST
How to improve credit history any tricks and tips ?
4 responses
@mirage108 (3403)
• United States
15 Apr 08
I have to Agree with Lady that if you pay bills on time then you will increase your Credit Rating
1 person likes this
• United States
15 Apr 08
ok, Is there any way to improve the score real quick say 3 months ?
@Ldyjarhead (10157)
• United States
15 Apr 08
Pay bills on time is the biggest thing!
1 person likes this
@jashley1 (746)
• United States
15 Apr 08
Hello - I have a background in finance. Ok to improve your history here are a few things you can do: 1. Pay all bills on time or early & make sure you make at least the minimum payments 2. If you have anything negative on your report - call those creditors and try to work out payments or try to have them remove delinquencies if that is what they are stated as 3. Settle debts you did not pay at all 4. Keep credit cards to a minimum - do not keep opening cards up wherever you go. These create inquiries and higher your debt/income ratio if you charge on them 5. If you already have a certain amount of credit cards - focus on paying them off one by one & leave them open but do not charge on them any longer - this shows creditors that you have so much you can charge, but you are only using x amount. Plus accounts you've held longer give you better credit because some credit is better than none. 6. Make sure you do not charge over the amount of your credit limits ever if you can help it. 7. Do not incur overdraft fees in your bank account 8. Start a savings account if you can 9. Pay off any old tickets, old accounts.. a good method may be starting with the smallest account first... make a list & stay disciplined w/ a budget to ensure they get paid off in a timely manner. This is general info.. hope it helps. And always - keep good records of who you speak to, & request letters of confirmation when paying off things. Ways to earn extra income in the meantime? http://www.HomeEarningOpportunities.com
• United States
15 Apr 08
thanks Jash for the tips , really appreciated! Can you suggest me any site where I can get my credit report for free without any future commitment ?
• Philippines
23 Apr 08
Here's some good rules of thumb when it comes to credit... keep a small balance on all your cards... take one card on which you have the LARGEST credit amount and max it out every month (and then pay it off completely every month) you can do all your grocery, gas costs, etc on this card. What this does, it shows your creditor that you're capable of handling bigger credit amounts and they'll grant you more credit...want more tips? visit www.credit-treasures.com