Easy Ways To Increase Your Credit Score
If you have ever wondered what you can do to increase your credit score, you'll love what you are about to read. That's because you'll discover some easy ways to raise your score that anyone can do.
Correct Errors
A lot of clerical errors can be made from hand written applications when someone enters your name or address information. Sometimes payment or loan information was entered wrong in your account. Social Security numbers can often be entered wrong and that changes everything on your credit report.
Get A Copy Of Your Credit Report
So start by ordering a copy of your own credit report and check for errors. If there is something on your credit report that is incorrect, just by contacting the credit bureau and correcting the mistakes you will increase your credit score once that incorrect item is removed.
It's important to go to a legitimate web site like this one
Ordering your own score is considered a soft inquiry and does not go against your score as long as you get your credit report from a legitimate service
Lower Your Debt Ratio
An easy and fast way to increase your credit score is to bring down your debt ratio. If you have a credit card with a $5000 limit and you have a $3500 balance, your debt ratio is at 70%. But if you could get your credit card company to raise your limit to $7500, with the same $3500 balance, your debt ratio is now at only 46% and it didn't cost you a penny.
You can also just pay down your credit cards or transfer debt from one card to another and accomplish this too. What you are looking for is to be below 50% of your available credit limits in use. Once you can get below 50%, you can easily increase your credit score within 30 days.
Don't Close Old Credit Accounts
If you pay off a credit card even if you don't use it, leave the account open. Fico scoring methods take into account how much available credit you have compared to your credit balance and the length of your credit history.
Closing your oldest accounts actually shortens the length of your credit history and to a lender it makes you less credit worthy. So just by keeping older accounts open you can increase your credit score.
Small corrections like this is something anyone can do but works very well to increase your credit score. These are just a sample of some of the techniques you can learn with Credit Secrets Bible. If you want to learn even more easy ways to increase your credit score visit
Credit Secrets Bible the #1 best selling credit repair guide since 1992.
Credit Secrets Bible
