Improve your credit score in simple steps

Do you ever wonder about how you can improve your credit score? I wanted to pass on some tips you can use for keeping your credit report tuned up and your credit score in good shape :
* Maintain consistency in identifying yourself on credit applications. Use your full legal name to avoid being confused with relatives whose credit records could inadvertently be mixed with yours.
* Contact your creditors directly with any disputes. They are responsible for reporting accurately. Some creditors will re-age, or modify, your past-due account to current status only if you personally negotiate–not a third party.
Improve your credit score in simple steps
* Avoid opening new accounts if you’ve applied for a mortgage. Scoring is heavily weighted to recent behavior. All accounts less than 12 months old drive scores down, especially such deals as “no payments for a year.”
* Pay down revolving balances to 50% of your credit limit. Paying them off does not help. Keeping them at half their limit improves your credit score. Buy nothing on credit until your loan closes.
* Remember that Authorized User Accounts are always treated as joint accounts by the scoring system even if they technically are not.
* Avoid the use of credit-repair companies. It’s a good idea to order your personal credit report at least once a year to keep the record current and uncover any incorrect information.

Denny Jones

Hey there, I'm Denny Jones, a seasoned financial writer with over a decade of experience. I'm passionate about simplifying finance and empowering readers to achieve financial freedom. My articles offer practical advice and insights to help you navigate investing, budgeting, and personal finance with confidence. Let's unlock your financial potential together!

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