This Article is About
how to raise your credit score
major credit bureaus
paying on time
credit score
credit history
amount of time
three months
dreams
How To Raise Your Credit Score
Join 1000's of Authors at StreetArticles Today!

How To Raise Your Credit Score

Is your credit score holding you back financially? Not able to purchase the car you wanted at the interest rate you desired? Can't qualifiy for a loan on the home of your dreams? This shouldn't and won't be the case if you use the following credit score management techinques. You deserve the car you want at the interest you desire. You definitely deserve to qualify for the loan on the home of your dreams. And this is how you are going to get there.

Credit Reviews-This should be done once every three months. By simply having your report pulled and subsequently reviewing it, you are eliminating the chances that an account that is not yours will be on your report and negatively impact your score. If there are errors on your report, you must dispute any of these accounts immediately. All of the major credit bureaus are required by law to investigate your dispute. In addition, you will be able to see the areas of opportunity you have to strengthen the accounts you already have.

Credit Requests-Limit the amount of times a company pulls your credit report. Your credit score is affected negaitively by the amount of times your credit report is pulled. The more times it is, the lower your score will be. Car dealerships are notorious for having your credit pulled by 7 or 8 financial lenders in just one visit to the dealership tobuy a car. Your score could potentially drop 40-50 points in one day! Conversely, by only having your credit report pulled once or twice every 3 months, you will see your score increase.

Credit History-Your credit score is impacted significantly by the length of your open accounts. The longer you have been paying, and paying on time, on an account, the better. If you have paid a credit card account on time for a year or more, your score is positively impacted. Because your score is impacted by the amount of time an account has been open, do not close any credit accounts that you are not currently using. This can actually lower your score.

With a little work, you can raise your credit score. There are several ways to improve your credit score. Reviewing your credit, limiting the amount of times your report is pulled, and maintaining credit history are all great examples of how to raise your credit score. Starting using these techniques today. Your car and home are counting on it!


Street Talk

No comments present
You May Also Like
How To Raise Your Credit Score With These Simple But Effective Credit Tips
Many people across the nation share the problem of a negative credit score. Many of those people are seeking easy ways to increase their score so that they can qualify for better rates and bigger loans. This article is full of ways that you can improve your credit score easily.…
By: Darin Sewell in  Finance  >  Credit Tips   Nov 17, 2011  
0
  Likes: 1

These 3 Things Will Raise Your Credit Score
What is credit management? In short, checking your credit report at least every couple of months. By doing so, you are in essence monitoring the activities that determine what your credit score is and will be. And, consequently, how you are able to move through this world financially. The way…
By:  in  Finance  >  Credit Tips   Sep 26, 2011  
0
  Likes: 2

Debit Card Theft: What To Do
Losing a debit card hurts in any situation, but if you're quick to respond to the problem, it can rapidly escalate into a nightmare. In this article, I'll tell you exactly what to do if you suspect debit card theft.Call Your Bank ASAPIf you think your debit card has been…
By: Jason Molnar in  Legal  >  Identity Theft   Oct 27, 2011  
0
  Likes: 1

Companies to Use to Check Your Credit Score
Knowing your credit score may come in handy for a lot of different reasons. Whether you’re trying to get a loan, or you’re trying to land a new job your credit score could affect it in either a negative or positive way. It is advised, that everyone check their credit…
By: Pammy Ewell in  Insurance  >  Personal Property   Oct 13, 2012  
2
  Likes: 2

What To Do When Your Identity Is Stolen
It can be a very scary thing to lose or misplace your wallet. There's a good chance that someone else may pick it up, and you really never know what they might actually do with your information. Alternatively if you answered an e-mail that you later found out was a…
By: Jason Molnar in  Legal  >  Identity Theft   Oct 27, 2011  
0
  Likes: 0

How Credit Score Rating is Measured
In most cases, the details of the credit score rating scale used by the most credit bureaus are closely guarded trade secrets. The secrets are shrouded within the guidelines of the companies that have built the scoring credit score rating scale. Let me however say that, the best known and…
By: Yvonne Kelsinger in  Finance  >  Credit   Dec 30, 2010  
0
  Likes: 2

How Do You Report Identity Theft? Step By Step Guide
Having your identity stolen can lean to terrible financial losses if not caught early on. As soon as you suspect that you may have been a victim of fraud, you need to take action quickly. But how do you report identity theft? Well, I'll tell you exactly what you need…
By: Jason Molnar in  Legal  >  Identity Theft   Oct 24, 2011  
0
  Likes: 1

How to Improve Your Credit By Staying Clear Of the Scams!
We are all being bombarded by these advertisements on a daily basis by these "credit repair" companies. They always seem to promise things such as: " We will take care of those liens no problem. We'll erase that charged off credit card from your credit report within the month". The…
By: Stephen Patrick in  Finance  >  Credit Tips   Apr 30, 2012  
0
  Likes: 0

Fix Your Credit Score - I Have My Credit Report What Next?
Once you obtain your credit report you will able to add, correct and delete any information which is incorrect, incomplete, remove negative account that are out of date or the result of identity theft, according to FACTA law. If you have a hard time understanding your credit report. Instruction and…
By: DJ. Cameron in  Finance  >  Credit Tips   Mar 06, 2012  
0
  Likes: 2

How to Get the Best Cash Back Credit Card?
Selecting the best credit card provider is certainly not an easy job. You need to consider a number of important parameters and the fulfillment of each and every parameter will dictate your selection. The key to an effective credit card search process is research. Talk to friends. Talk to acquaintances.…
By: Zara Ali in  Finance  >  Credit Tips   Feb 23, 2016  
0
  Likes: 0

How to Effectively Remove Inquiries From Your Credit Report
A lot of people do not know this, but inquiries on a credit report can drastically and negatively affect theirability to get financing. In fact, having just 6 inquiries on your account within a short 6-month period can render you automatically disqualified in the eyes of many modern lenders. Despite…
By: Farrah Graham in  Finance  >  Credit Tips   Oct 30, 2015  
0
  Likes: 0

How To Prevent Bankruptcy
There are many things you have to know about learning how to prevent bankruptcy. All boils down to learning how to prevent bankruptcy if you must be able to manage your finances well. You need to find out if there are some things you need to do so as to…
By: Scott Newman in  Finance  >  Credit Tips   Dec 29, 2010  
0
  Likes: 0

How to Fix And Maintain A Good Credit Score
Getting Out Of Debt Did you know that a simple three-digit number could be that singular factor that could be standing between you and your dream? This could be buying a car, purchasing a home, starting a business, or even something as simple as managing your personal finances. Your chance…
By: Shawn Deny in  Finance  >  Credit Tips   Oct 19, 2015  
0
  Likes: 1

Ways To Improve Your Credit Score
Your credit score, no doubt, is a very useful number that lenders need to know whether or not they will extend credit to you. It also dictates what the interest rate and terms of the credit or loan will be. The lower your score, the less likely you will be…
By: Yvonne Kelsinger in  Finance  >  Credit Tips   Dec 30, 2010  
0
  Likes: 0

Article Views: 1751    Report this Article