How to Raise Your Credit Score

Forum|Forum|8 years ago
March 22, 2018
102 replies
2 views

Ever since I have started using a credit card I have basically had the same score the entire time. What are some ways and tips to raise my credit score?

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WillieB57

How to raise my credit score

MzBoss317

I use self lender it helps dramatically you pay yourself and fix credit at the same time also secure credit cards help boost when you keep balance low which is tempting in itself. Im attaching link for self lender
https://www.selflender.com/refer/10781979

Alexrunner15

Basically Use it and pay it every check don’t go over 30 percent if you do go over 30% . pay the difference quick .You have to use it ..i use mine for gas or minimal groceries I pay it everytime i know im around 30% or more plus i use autopay .. Use it , Autopay it , Also put money into it to leave just below 30% of what you have in there

Milos997

Keeping it around 30% is actually not that good. Keeping your balances below 10% is really what drives the score up.

How I know? Two years ago I literally did not have a credit car at all, had to pay $200 to get a $200 limit credit card (I did get the money back in a year). Now, I have ~780 score, with more than $25,000 credit limit, including a car loan with monthly payment of $230 a month, at 2.59 APR.

What I really focus on!

1) All payments on time, even if they have to be minimum payment.

2)Do not get a lot of hard inquiries because they do stay around for a good period of time.

3)Only open a new account/credit card if you really need it. Opening many of them will bring your age of accounts down.(Again, a lot of hard inquiries over small period of time, no good!)

4)Pay more on your car loan/mortgage even if it's only $10/$15.

vn63_2

My credit score is 823. I have two credit cards for 40+ years and several others. I NEVER miss payments; pay in full as often as possible or carry balances of less than $1k; have satisfied an unsecured, 3-year loan at low interest; and paid off a 5-year car loan in 25 payments. Judicious use of credit is the key to success. Learn FAST the difference between WANT and NEED and you will never have any problem building/protecting good credit!

Pictureu

What kind of score do I need to get a home

alntoy2

If anyone gives you a number they are lying to you.
There is no "Number" you need to get a home.
If you NEED a number I will give you one.....ZERO.
Get as close to ZERO debt obligations as you can before you apply for the loan.
Simply, the banks only concern is that you have less financial obligations going elsewhere than to them. You do that by getting as close to zero bank credit card debt, getting as close to zero personal loan debt, getting as close to zero car loan debt, getting as close to zero retail card debt.
Anyone gives you a NUMBER is lying to you.

Diri_98

Nice

KChovhan

Ensure you pay Credit Card bills before it falls due as electronic payments may take a couple of days to hit the account. Aim to use less than 30% of the approved credit limit. If you have old credit cards but are not using them, don't close the accounts.

Scottszat

Apply for more credit, pay on time, pay off any bills owed to creditors, and most importantly wait..haha..j/k..no seriously it takes time before it starts to grow. Download creditkarma, it may help you get a better understanding.

tonyagray

Hello, I had a Discover secure credit card pop in my notifications so i opened it. Im in process of raising my credit currently 583 Fico, 33% DTI, saving to purchase a camper for vacation and wondering what u got that can help raise me to 680-700 ;)

Robert-Cohen

Everything you read here is a lie. The only thing that appears to work, is use very little of your credit, pay on time and give it time. All of these agencies work with the banks to screw us. The lower your score, the more interest costs. They have no incentive to help us. And when you talk to them, being nice is a waste of time. In addition, store cards are to be avoided. You can hate banks, but they understand security. I just had an incident with nordstroms that defied logic.

Just remember, all they know how to do, is say they are sorry. They won't fix it or change anything

Robert Cohen