Wednesday, March 21st 2018


How to improve my credit score?

Interesting Question?   (2)   (8)

Answers (1)

9th Dec 2009 by Gary

To understand how to improve your credit score, you need to understand how it is determined in the first place. A credit score is determined by five basic categories. They are: Your payment history, how much you owe, how long you've been using credit, new credit, and what type of credit you're using. All of these are used when figuring what your score is. So to improve your credit score, you must look at each of these categories and figure out how to make them better performers when they're checked out. Payment history is self-explanatory. If you want a good credit score, you better pay on time. That's all there is to it. Probably the best way to improve credit is in lowering how much you owe versus how much money you make. That's a big one for credit companies, and is about as strongly weighted as any other factor. Paying down what you owe is one of the better ways to improve your credit score. Also go over your credit report to be sure all things on it are accurate. Sometimes a company can lag in reporting your activity, or something was entered wrongly.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

4th Dec 2009 In USA 1 Answers | 666 Views
Subjects: credit score,

Answer This Question / Give Your Opinion
How to improve my credit score?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
What are brokerage fees?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What are brokerage fees?
Unanswered Questions in USA
Which are the best mortgage brokers in Phoenix?
What is a FHA Mortgage?
What is a UTMA Savings Account?
What are the different types of State Employees Credit Union credit cards?
Who are the major US mortgage lenders?

Answered Questions in USA
What is the cheapest auto insurance company?
How will bankruptcy affect my credit score?
What are the different types of State Employees Credit Union home loans?
Who owns americas debt?
what is a bad credit score?
Ask A Question
Get opinions on what you want to know:
Specific to any country?