How to Make Your Credit Score Go Up

When in credit repair, making your credit score go up can be a very hard thing. Sometimes, it seems impossible to do in the short-term. You either have to wait for some negative entries to fall off of your credit report or that credit dispute you sent in to get processed. To be fair, making your credit score go up has nothing to do with magic and there's a reason for that – your credit report indicates what you've done in the past, be it a few months ago or a few years ago, and what you’re most likely to do in the future. That's why, when it comes to your credit score, you want to take a preventive approach and master the right habits, before you have the need to head into credit repair that is. Here are some of the basics, but powerful, guidelines that can make your credit score go up.

Accounts and payments in good state

First off, have some accounts open (being active is a key thing to credit of course) and have them stay in great shape. Always make your payments on time, and if you can't make that happen, at least don’t let the situation drift off hoping for the best.  Be proactive to communicate with the creditor before you get late to see if the creditor can work with you in this instance. Accounts in good standing are essential to a great credit score. If all you can get in terms of new credit for now is a credit card for bad credit scores, take it and at least maintain that one in great shape, but be mindful to not let the balance go unattended.

Also, concerning the payments, you want to minimize the delays as much as possible. Time is an important issue that can impact your credit score. Especially if you've been in credit repair before, late payments showing up again on your credit report could be sending the wrong message to lenders.

Stay out of trouble

This is pretty simple advice, but it couldn't be truer. Credit repair is often about making a move before companies, credit card issuers and lenders pull the plug on you.  The more you manage to stay out of trouble with any credit account, the better for your credit health. Focus on your accounts that are close to being sent into collection. If you can save those, you might be saving some precious points on your credit score.

Also, try to not get close to trouble when it comes to your credit limit. Set some alerts/alarms with your credit card provider if they allow you to let you know when you have past a preset spending threshold. Keeping low balances is also key to keeping your credit score in great shape. However, don't necessarily resort to elevating your limit just to achieve that. Definitely lower your balance instead.

And finally, having a great credit score is often about varying what you do with it. If you can use different credit tools like loans, credit cards and mortgage responsibly, you’re more likely to be taken seriously. Take what you need in the credit world, even very it a bit, but always bite off what you can chew – and payoff the balance quickly – preferably monthly

Conclusion

In conclusion, while it’s unfortunate that we can’t boost our credit score in one move, it can become quite easier to raise your credit score quicker once you understand the dynamics that drive your credit score. As you plan your credit repair, take all of those criterias into account and take some altitude on your credit situation. Try to put your money in the right area!