How to Raise Your Credit Score

    How to Raise Your Credit Score

    Your credit score has a direct impact on the interest rate you will have to pay when you borrow money. It is a three digit number from 300 to 850 so unless you are able to raise your credit score, chances are no one is willing to approve a loan. But help is on the way.
    By following these tips, you are sure to see an improvement.

    First, find out what is your credit score. You can get this information from FICO that is a system developed by the Fair Isaac Corporation. 

    When you have the information, it is time to cut some off your expenses temporarily and start paying off those credit card debts. If you have more than one credit card, work off the one with the highest interest rate first. 

    If your credit score is not that bad, make sure that you do not use your credit card almost to its limit because this too may affect your credit score even if you are able to pay the bill when it arrives. A good example is to stick only to 30% of the card limit. For those who may have a hard time keeping track of all this, it is best to put all your bills into a finance software program to monitor your expenses. 

    Sometimes your credit score is goes down because your lender has given you a lower limit when you know for a fact that it is much higher. To prevent this from happening, it is best to check this on a regular basis and if there is a mistake, this can easily be corrected by calling up your lender so this information can be corrected. 

    You should only have two credit cards so you are able to keep track when the due date is. For those who have more than two, it is best to pay them off and cancel the rest. When you only have two cards left, keep the oldest one since this is what credit bureaus look at as basis of your credit score. Keep in mind that you don’t have to use it regularly. The important thing is that it is still working. 

    We all make mistakes and sometimes we forget to pay our credit card bills on time. If this has only happened once, perhaps you can talk to your lender about it so he or she can remove this from your record. That way, your credit card score won’t be affected. 

    But if the amount isn’t that big and you refuse to pay for it because you feel that you charged unjustly, the collection agency won’t even bother to check it as this is no big deal. 

    The things that affect your credit score include charge off’s, collections and negatives that were not yours in the first place, late payments,  low credit limits reported, accounts listed as paid as agreed, paid derogatory, paid charge off or settled, accounts listed as unpaid and lastly, negative items that have occurred over a seven period. 

    How to raise your credit score will not happen overnight so you have to pay your bills on time, check your credit limits and make sure previous loans have been settled. That way, there won’t be a problem when a lender conducts a background check on your credit history and your loan can be approved.

    RELATED POSTS
    :)
    :(
    =(
    ^_^
    :D
    =D
    |o|
    @@,
    ;)
    :-bd
    :-d
    :p

    ‎ Bookmarking Sites Aadhaar Card Aadhaar Card Toll Free Number Adsense Adsense ad units Adsense Safe.Website Traffic Agreement as valid Address Proof. Apartment for Rent in burj khalifa Apartment for sale in burj khalifa Apartment in dubai downtown for rent Asian Paints Asian Paints Customer Care ath Authority Domains backlink Backlinks Bank Banks Beautiful Water Painting BEST FUNNY NEWS Bharat Gas Bharat Gas Customer Care Phone Number Blank Space Blog guest post Blogger Website blogging blogs BLOOPERS 2016 Bookmarking Bookmarking service Bookmarking Site Boost your Alexa Business Website Business/Job opportunity buy Facebook like buy Blogger Website buy domain buy twitter follower Carrier AC Customer Care Chanakya IAS Academy Chanakya IAS Academy Ahmedabad Chanakya IAS Academy Coaching Chanakya IAS Academy Hazaribagh Chanakya IAS Academy Ranchi Chanakya IAS Academy South Delhi CIBIL CIBIL Customer Care click to protect Click2Protect Consumer Affairs Department Consumer Helpline control your laughter Credit Information Bureau Custom and Professional Blogger Website custom domain Deepak Bansal IPS - Success Speaks Episode 8 Dell Customer Support directory sites seo directory submission seo marketer Do follow Social Bookmarking Sites Dofollow Backlinks Dofollow Social BookMark Domain Domains Ebay Customer Care Ebay Customer Care India Ebay Customer Care Number Ebay Customer Care Number In India Ebay Customer Complaints Ebay Customer Service Ebay Customer Support EDU - GOV Backlinks Evo Evo WordPress Templates Evo WordPress Themes EvoWPThemes FACEBOOK page LIKE Federal Bank Customer Care Number FedEx FedEx Customer Care fednet toll free Free Directory List Fujitsu Laptop Gangnam Style General Insurance godaddy google Adsense google plus followers HDFC Life HDFC Life Customers Service Number HDFC Mutual Fund or Investment Services Account Health India TPA Services Toll Free number Health Insurance Health Insurance TPA Helpline Number at Amazon High Authority Backlinks Highlight your Service Highlight your Service on seoclerks.com Insurance Regulatory and Development Authority IRDA Contact Number IRDA Contact Number IRDA Grievance Call Centre IRDA Head Office Kingson Dream Kingson Dream Motivational Video Laugh Life Insurance list of general insurance companies List of Non-Life Insurance Companies in India List of Non-Life Insurance Companies in India LMFAO Mangalayatan University Customer Care Mediclaim TPA Mini Desktop Computer Most famous Viral video Most viewed YouTube videos Motivational Video off optimization seo Page Rank Domain Sale Pagerank Backlinks party rock anthem Passport Seva Passport Seva Customer Care Number Toll Free Paypal Customer Care‎ Paypal India Customer Care‎ Paypal India Customer Care‎ : 1800-212-3852 Pizza Hut 50% Off Pizza Coupons‎ Pizza Hut Buy 1 Get 1 Pizza Free‎ Pizza Hut Coupons Promo Coupon Pizza Hut Flat 50% Off Coupon‎ PR Backlinks Psy RDP Mini PC REAL Visitors Registered Rent Agreement as valid Address Proof Sale Domain SBI NRI Services sell Blogger Website Sell Buy Sell Page Rank Domains Sell PR Domains Sell Premium Page Rank PR Domains seo seo site seoclerks.com Setup custom domain Setup custom domain for blogger with godaddy domain Small PC Social Bookmarking Sites Stock Broker SWIFT Code SWIFT Code of SBI Taylor Swift TP LINK India Customer Care Number TPA For Mediclaim TPA Health Services twitter follower Twitter Profile Verified UID UIDAI Ultimate Like a Boss Compilation 2015 Unique Identification Authority of India Usefull TollFree Numbers Vip Bookmark Viral video on youtube Water Painting Web Directory Site web traffic Web Visit Website Traffic Western Digital Western Digital India Western Digital India Customer Care Number whitehat backlinks WordPress youtube views