Credit scores are great to have. You want to make sure that yours is high enough, with a good history to back you up with. You also want to make sure that you take care of it throughout the years. Just like it can go up, it can go down even faster. Here are some tips to raising it up and keeping it up.
Dispute All Those Errors
Check out your credit history and look to see if there are errors. A lot of times there are errors that need to be fixed. These should be addressed as soon as possible. You want to make sure that they are being looked into, and removed as necessary.
Negotiate with the Creditors
Have debt that is back owed? Negotiate with the creditors to work out a deal or a plan so you can start paying them down. They are more likely to work with you when you call them and tell them you’re ready to get the debt taken care of right away.
Get a Credit Card
Credit cards, when used wisely are able to boost your credit score. You have to make sure that you’re paying the payments on time and not over using them, since these both can harm the credit score in general. Be responsible with your line of credit.
Make On Time Payments
Making payments on time, all the time is the best way to ensure that you’re going to have better credit overall. When you’re able to pay all of the bills you have every month, and still be able to continue on in life, you’re doing something right!
Raise Your Credit Limit
Raise those limits to make it seem like you’re more responsible. Which, the more responsible you are with your cards, the more the limits are going to be raised, providing you with even more to spend but fight that temptation and use them wisely.
Under Use Your Cards
Make sure you do not max out the cards. This is one thing that is going to hurt you. You do not want to worry about paying too much when it comes to paying the cards off. You want to pay less, and you want to use them less.
Don’t Close Any of the Accounts
Any accounts that you’re currently using or are open, but in a good standing, do not have them closed off. This can cause your credit score and history to drop. You’re trying to build it, so make sure that you’re smart about how it is used.
Mix it Up With Cards
When it comes to spending a bit on each card, this is the way it should be done. You should be able to mix it up with which cards you put to use. You want to ensure that you have a spread out balance and no cards are maxed out, or close to being maxed out.
Rid Yourself of Small Balances
Any small, tiny balances should be removed from your budget. Just erase them by paying them totally off. You should be able to do this every month if you do not spend too much on each of the cards. The smaller the purchases you make, the more you’re going to be able to pay them off and get a higher credit score.