Improve Credit Score Range

Free Helpful Guide To Improve Your Credit Score Range:

Pay Down Revolving Credit:

A great way to get a credit score boost is to pay down your revolving credit (such as credit cards). You will want to try and get the card balance down to 30% of less of the total credit limit. Doing this will aid in increasing your credit score more than paying down or even paying off non-revolving credit such as car loan or student loans.

Stay Away From Large Statement Balances:

The key here is the statement balance. Having a big balance on your statment is not good because it is the statement balance that get reported to the credit bureaus. So even if you pay the statement off in full, once it is made into a statement it gets reported and the credit bureaus will calculate that statement balance into your score. Once more try and keep the balance to a 30% balance ratio (as discussed earlier).

Pay A Bit Early:

A little trick that helps avoid the problem above (of having a large statement balance) is that if you do have a big balance in any given month you can send in a payment a bit early (a week of more will do). This will bring down the ending statement balance. And it is that end balance that will get reported to the credit bureaus.

Keep Those Old Cards Reporting:

Older cards are better because they have credit history but it won't help if the card is not reporting to the credit bureaus. So to keep them reporting you should use the old credit cards for small purchases every so often and pay it off in full when the bill arrives.

Fight Older Negatives:

Dispute any and all older negatives as being "not mine" (let them do the work to prove it). If there is a negative on your credit report and it's old you might win the dispure. As well if your creditor has recently merged with another company or perhaps was bought out they may not have the records in order. And that means you have a good chance to win the dispute.