5 Proven Steps To Boost Your Credit Score​
Boost Your Credit Score Tip #1
Correct inaccuracies
Correct inaccuracies on your credit report by meticulously reviewing it for late payments, charge-offs, or collections that don’t belong to you. Challenge accounts labeled as anything other than “current” or “paid as agreed” if you paid on time.
Boost Your Credit Score Tip #2
Remove negative items
Remove negative items older than seven years (10 for bankruptcy) that should have automatically fallen off your credit report.
Boost Your Credit Score Tip #3
Verify credit lines reflect accurately on your credit reports
Address any discrepancies with creditors, especially if your available credit is inaccurately reported. Negotiate with creditors to remove negative marks, such as overdue bills in collections. Be cautious not to admit ownership of a debt, as it can restart the statute of limitations.
Boost Your Credit Score Tip #4
Keep credit card balances below 20% of the available credit line.
Consider requesting credit line increases from long-time creditors without impacting your credit score. Keep old credit card accounts open to showcase positive credit history. Minimize new credit applications to avoid negative impacts on your credit report.
Boost Your Credit Score Tip #5
Diversify your credit accounts
Consider requesting credit line increases from long-time creditors without impacting your credit score. Keep old credit card accounts open to showcase positive credit history. Minimize new credit applications to avoid negative impacts on your credit report.