How to Increase your Credit Score

Hey WalletHubbers! Today we’ll talk about how you can improve
your credit score. The single most important part of credit improvement
is paying all of your bills on time every month. This will add positive info to your credit
reports and keep your score headed in the right direction. Beyond that, there are three things you can
do to improve your credit score quickly. First, make sure your balances are well below
your spending limits on your credit cards. You can do that by paying down debt, spending
less, paying your bill more often or asking for a higher spending limit. The second way to improve your credit score
is to dispute credit report mistakes. Removing negative information from your credit
report could lead to a big credit-score increase. But you can only remove information if it’s
wrong or the result of fraud. So go over your report with a fine-tooth comb. If you find something fishy, investigate it
further and, if necessary, file a dispute with the credit bureau. WalletHub’s Credit Report Timeline is a
cool feature that makes it easy to see all the important changes on your credit report. Third, you can become an Authorized User. If a family member or close friend has excellent
credit, ask them to add you as an authorized user on an existing credit card, preferably
an old one with a high credit limit. They don’t even have to give you the plastic
for you to benefit. Finally, paying off any collections accounts
you might have will give your credit score an immediate boost. Credit scores often don’t count paid collections
accounts. Now that you know how to improve your credit
score, it’s time to do it! Click the button here to see your current
credit score for free, as well as personalized recommendations for improving your score. Good luck!

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