10 Easy Ways to Improve Your Credit Score
1. Pay your bills on time.
2. Focus on having "good dept" meaning having an affordable
mortgage you can handle on a monthly basis. "Bad dept"
is dept at interest rates that make it next to impossible to pay.
For example, credit card dept.
3. Take on debt where the institution reports to the credit bureau.
4. Explain on credit reports the reasons for nonpayment.
5. Keep your credit card balance manageable.
6. Avoid bankruptcy.
7. If your falling behind, contact your creditors and work out
a payment plan.
8. Get a secured credit card.
9. Have a reliable reliable cosigner.
10. Know your credit rights.( http://www.ftc.gov/os/statutes/031224fcra.pdf
)
|
