- Pay your bills on time
- Reduce your credit card balances
- Check your credit report for errors
- Limit new credit applications
- Consider credit-building tools
Pay your bills on time
Paying your bills on time is one of the most important factors in improving your credit score. Set up automatic payments or reminders to ensure you never miss a due date.
Reduce your credit card balances
High credit card balances can negatively impact your credit score. Aim to keep your credit utilization ratio below 30% by paying down your balances.
Check your credit report for errors
Regularly review your credit report for any errors or inaccuracies that could be dragging down your score. Dispute any discrepancies with the credit bureaus to have them corrected.
Limit new credit applications
Applying for multiple new credit accounts in a short period of time can lower your score. Be selective about new credit applications and only apply for credit when necessary.
Consider credit-building tools
If you have a limited credit history or a low score, consider using credit-building tools such as secured credit cards or credit builder loans to establish a positive payment history and improve your score.