What the best way to improve credit score?

Pay bills the day you receive them.
Never go more than half of your credit limit.

start by paying every bill you owe on time,

then focus on paying off debt, consolidate high interest debts (like multiple credit cards, high interests car loans etc) into one lower-interest consolidation loan. Make at least the minimum payment on-time every month but pay as much extra as possible, you will pay it off much faster.

While you are re-paying debt don't use anymore credit, this means get rid of your credit cards and pay for everything with cash, if you don't have the cash to buy something then live without it while you save for it, this will mean sacrifices but it will save you tons of money verses trying to finance everything you want.

Once you get out of debt slowly rebuld your credit, take out small loans or low-limit credit cards and pay them back as scheduled. With credit cards always pay the full amount each month, it not only saves you thousands of dollars in interest but it does wonders for your credit score.
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Smoovy is correct on all points.

Good job.

A credit score is affected by alot of things.

The best way, DONT USE YOUR CREDIT CARD IF YOU CANT PAY IT OFF IN FULL AT THE END OF THE MONTH.

By doing this your credit report will show that you have not to little dept.

Then also look at your length of credit, the longer you keep a card the better your score will get.

Also having TOO many credit cards WILL hurt your score. If you have 10 or 15 credit cards (this includes all of your "in store" charge cards like Macy's or Sear's). Cancel the newest ones. The companies will try to scare you and tell you that cancelling the card will REALLY hurt your score, it won't that much, and will GREATLY help it in the long run.

I read that Lexington Law are quite good
http://www.getcc.info/improve-credit-score.html

Well, it would be helpful to know what makes up your score in order to improve it:

Payment history: 35%- This is the most important part. This is what credit about: paying back what you borrow. One missed payment and that set you back for a while, and it goes downhill especially if an account goes to collections

Total debt vs. available credit: 30%- This is the 2nd most important part. Credit is designed to be used, but not overused. This is why it's important to keep your balances on all credit cards at 30% of the combined available credit. Max out your cards, your score will suffer.

Length of time establishing credit: 15%- Another way that credit is designed to be used lightly, over time. The longer you've been establishing credit the higher the average age of your credit accounts will be which will show exprience in establshing credit. That's why it's important not to close any unused credit cards, especially if they've been opened for a while. Closing them will give the appearance that credit hasn't been established very long.

Types of credit established: 10%- There's 2 types of credit, revolving (credit cards) and installment (personal loans, auto financing, furniture and appliance financing, mortgage) Credit is designed where you shouldn't rely on just one type of credit. A good mixture of credit is 3 revolving (credit cards) and either one paid or currently paying revolving account.

Inquiries and New accounts: 10%- Credit is designed to be used out of dire necessity. Don't apply for accounts that you're not planning on using for a long time. Credit is commitment based. If you're in it for the long haul, then credit can and will work for you if used properly. Don't start applying for credit left and right. Each time that you apply, a hard inquiry is created which drops your score several points whether you're approved or not. If approved it takes about a year or two for the payment history to develop in order to offset the point lost from the inquiries.

Also, be sure to check your credit reports for any wrong information and dispute them with the credit bureaus. If you have any delinquent accounts, try to make payment arrangements...

I hope that this information helps...

Good luck!

First, make sure all the information on your credit report is accurate.

Second, try to pay off all or any accounts that are currently in collections or make payment arrangements with the creditor to pay off the balance monthly.

Third, any credit card that is over 50% of the available credit line should be paid down to under half of your total credit line. Your credit score is lowered when your available balance is over 50% of your total credit line.

Finally, if you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.

Generally, the more "good behavior" you have on your credit report, the better.

If I had to give one piece of advice, it would be this... Monthly credit card payoff. Use your credit card for all your purchases. Especially if you don't have fees for use. Then at the end of each month... pay it off. This helps you be aware to not spend more money than you have, and have a really good idea of what you are spending your money on.

hope this helps. ;-)

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