Tips For Building A Better Credit Score
- Pay your bills on time. Delinquent payments and collections negatively impact
your score.
- Keep balances low on credit cards and other "revolving credit." High outstanding
debt lowers your credit score.
- Apply for and open new credit accounts only as needed. Don't open an account just
to have a better credit mix; it probably won't raise your score.
- Pay off debt instead of moving it around. Owing the same amount, but having
fewer open accounts may lower your score.
|