Ways to Raise Credit Score

  1. Look Through Your Credit Report. Get your credit report. Look through it to see if there are any errors. If there are, report them immediately so that they do not drag down your rating. Continue to monitor your credit report to avoid anything that should not belong.
  2. If No Card, Get One. If you have no card, then get one. Part of increasing credit is actually having a credit card. Even if you have to attach your name to someone else’s account, if they allow it, make sure that you start building that credit.
  3. Pay Down Any Current Balances. Before you start doing anything, pay down whatever balance you have. Paying down a current balance can keep you looking good to creditors. On top of that, it lessens the stress that you may have when dealing with credit cards. A lower overall balance is easier for you to manage.
  4. Budget and Plan Use of Card. You should never use your card just whenever. Plan out the budget and use of your card so that you know how much and when to use. It keeps you on track, avoiding a bigger debt than you can handle and missed payments.
  5. Pay On Time. Do not let your payment go over the listed date. In order for credit to help you, you have to pay on time every month. This should become part of your budget and use. When you pay on time, you build credit faster and you appear more trustworthy.