3 Secrets to Increase Your Credit Score Report in 60 Days

1. Keep your credit card balances as low as possible. If you want to have a high credit score report, carry balances of no more than $500 for every $1,000 credit limit. 2. Do not get any new accounts or close existing accounts. If you start a new account or close one, the “average age” of your credit will change. This actually will pull down your credit score report. 3. Only apply for new credit when absolutely necessary. Each application decreases your credit rating. Some lenders will deny an application simply because you had too many recent applications with other companies. Frequently applying for new accounts is seen as a potential sign of financial trouble, so resist the urge to fill out a credit card application to get an in-store discount.

There are so many scams on the market targeted to people who need to quickly improve their credit score report. Understand it is never necessary to pay for an expensive credit repair program. Your best resource is reputable free blogs such as Credit Score Resource. A reliable personal finance blog will never demand your email address or payment information for its advice. Nor will their writers recommend unethical and possibly illegal ways to improve your credit score report.

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