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How to improve your credit score

Published On: Jun 19 2014 10:04:38 AM CDT
Credit report, credit score

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Your credit score can have a huge impact on your life – from getting a house, buying a new car and even getting a job. Use these tips to try to improve your credit score quickly.

Look for errors: Check your credit report and look for any errors. You can try to argue these and get them removed from your credit history.

Get a credit card: As odd as it might seem, getting a credit card can actually help your credit score. Of course, make sure you don’t max out the cards or even charge too close to your limit, as doing those things can hurt your score.

Raise your credit limit: Asking your creditors to raise the limit on your credit cards can help improve your score. This will make your current balance a lower percentage of your allowed amount. However, make sure you don’t see this increased limit as an excuse to charge more. Also, once you raise your credit limit make sure that is reflected in your credit report.

Pay your bills on time: Your bill history makes up 35 percent of your FICO score, according to Forbes.com. Help your credit score by making sure you don’t skip any payments and that you’re paying on time. Scheduling your bills for automatic payment can help ensure you’re paying on time.