A credit score is important to every one’s financial future.  This is the score that’s going to reflect what kind of mortgage you’re going to get as well as a car loan.  With a poor credit score, you’re not going to be able to get the things you want in life because no one is going to be willing to lend to you.

Now, let’s get to the point on how you can improve your credit score over the next couple months.

Get your report now

The first thing you want to do is get a hold of your credit report.  There are many options you can use by getting this.  One of the ways is by going to Equifax and requesting your report.  With Equifax, you’re going to get a credit score, report and more for only a few dollars.  It’s worth it in my opinion.

Look for errors on the report

Once you get your report in your hand, start looking over it and see if there are any errors.  Look for credit accounts you may not have or balances that you don’t owe on anymore.  If you see any errors, these can be hurting your credit score.  The first step you’re going to want to take is by calling up that company and trying to fix it out that way.  Removing balances alone can greatly impact your credit score.

Piggyback on some-one’s credit

If your credit report looks great, there are other ways to increase your credit score and this is simply finding someone that already has great credit.  What you want to do is ask them if they can add your name to their accounts.  Not only will your name be on there, this will also show up on your credit report as well.  Wouldn’t it be great to get on some-one’s credit card account that has been around for 10 years?  You don’t need to necessarily receive the card but just find out if you can get your name added to the bill.  You’ll find that most people probably won’t but if you tell them you’re just looking to have your name added and don’t want the card or that, you may have better luck.

Just start paying down debts

This one is simple and it may take time but if you just start paying down your debts, you’ll see your score go up.  If you’re serious about your score, go out there and get more jobs.  There are so many money making opportunities out there.  It’s your duty to get out there so that you can pay down your debts.  Debt doesn’t go away over night folks!

Be on time – even if it’s the minimums

Even if you can’t pay your bills, make an effort to pay your bill, even if it’s the minimums.  Credit card companies hate to see people who haven’t paid at all.  Most of the time, your minimums are going to be next to nothing so make it mandatory that you pay your bill off with at least the minimums.

Avoid opening new accounts

Try and keep the credit you have on file and try not to open up any new accounts.  If you open up new accounts, the credit card companies may think that you may need to more credit.  Not only will new accounts hurt you, you’re going to have more credit available to you, which is a huge no-no if you’re already in debt.

These are some tips that you can follow in order to see an increase in your credit score.  Your credit score is very important when it comes to interest rates and loans.  A 1% difference on your mortgage can save you thousands over the lifetime of the loan.  In the meantime, attack your debt, pay on time and try to avoid foreclosures or bankruptcy.

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2. How Does Buying a Home Help your Credit?
3. Tips for Finding a Credit Card with Rewards
4. Common Credit Mistakes
5. How to Get A Credit Card Limit Increase