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How To Improve Your Credit Score

A lot of people think that it is very difficult to achieve a great credit score. However, the truth remains that raising your credit score doesn’t have to be challenging. All you need is a great plan and total commitment. In fact, you can achieve amazing improvements in your credit score in just one year. Yes, you read that right.

Before we take a look at how you can improve your credit score, let’s take a quick look at how the scores are calculated.


There is a probability that you already have dozens or hundreds of credit scores. The reason behind this is that there is a mathematical algorithm applied to the data in one of the three credit reports you have. Also, the algorithms used by financial companies and lenders to compute credit scores vary. However, some lenders and financial companies use a very common model, like the FICO score, to calculate credit scores.

The majority of credit scoring models consider your payment history on credit cards and loans. They also consider the age of your accounts, how much revolving credit you often use, and how often you apply for credits. Another factor that financial companies and lenders put into account are the types of accounts you have.


The first step to take when thinking about how to improve your credit score is to check what your current score is online. This information will let you know what areas of your credit report need strengthening, and it will help you monitor your improvements. Click here to get seasoned tradelines that will help improve your credit score.

Here are a few ways that you can boost your credit scores;

  • PAY YOUR BILLS ON TIME: Paying your credit card payments and bills on time is one of the most vital ways you can boost your credit score. Late payments will have a negative impact on your credit score, as they will remove points from your credit report at the end of each month. It is recommended that you create auto-payment systems to help pay your bills directly from your account. This will help you stay on top of paying your bills.
  • INCREASE PAYMENT AMOUNT: Increasing your payment amount over time will have a positive effect on your credit report. This is a crucial tip for those who usually pay the minimum amount required by their financial companies. Little increments will also help you reduce the interest you will have to pay in the long run.
  • PAY OFF OUTSTANDING DEBTS: Every debt you owe or have paid will always be reflected on your credit report. Taking off old debts from your report will help boost your credit score. However, ensure that the debts are legitimate before making payments. Dispute debts that are older than seven years or debts that have been paid through the credit bureau. The credit bureau will help remove debts that are not valid from your credit report.

One of the many factors that have a huge impact on your credit score is your usage of available credit. To avoid hurting your credit-to-debt ratio, it is important that you pay as soon as you can.

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