Monday, January 3, 2011

3 Ways to Raise Your Credit Score Fast


(YouTube link)

  1. Clean up your credit history. Challenge negatives.
  2. Lower your utilization ratio. This is done by paying down high balance cards, and don't allow your borrowing to exceed 30% of your limit. If it is above 30%, request that your limit be raised.
  3. Don't take out new credit if your borrowing is high, and don't close unused accounts.
For more info on each point, go to MoneyTalksNews.

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