High balances on your credit cards will affect your score. Keep your balances on your credit cards below the 50% mark.
Running your Credit does affect your score. We offer an Inquiry Removal service which will eliminate these unwanted inquiries from hurting your score.
Becoming an authorized user on someone’s credit cards can be a useful tactic to increase your credit history and credit score. Be careful that the credit card you are adding is a positive account and does not have a high balance on it.
Do not close unused credit cards. Closing credit cards will affect your credit history which in turn will adversely affect your credit score.
Opening a lot of new accounts rapidly when you do not have a long credit history, can affect your score. Your score is based on an average of credit length. Therefore, opening many new accounts will decrease your overall credit length.
Re-establishing your credit history is not impossible. If you have had problems in the past, the secret to reacquiring good credit is to open new accounts, paying for them responsibly and on time.
Make sure to fill out all applications correctly. Wrong social security numbers or addresses will show up on your credit reports. These errors in reporting will reflect on your personal information sections on your credit reports.
Identity theft is one of the fastest growing crimes in America. Be aware of some online buying, your personal information could be at risk.
Pay your bills on time. Late payments will adversely affect your score, while paying your bills on time will increase your score.
Set up a budget. Planning your expenses will eliminate wasteful spending and allow you to put more money aside to pay debts and save for the future.