What Can A Person Do To Help Increase Their Credit Score?


If you want to improve your credit score yet feel like you’re going in circles, you’ve come to the right place.

In this blog post, we’ll give you a step-by-step guide on how to increase your credit score.

Your credit score is a number that represents your creditworthiness. Creditors use this number to determine whether or not you’re a good candidate for a loan.

The higher your credit score, the better your chance of getting approved for a loan with favorable terms.

What Is A Credit Score?

Before we jump into how to improve your credit score, let’s first answer the question: what is a credit score?

A credit score is a number that ranges from 300 to 850. The higher your score, the better. A good credit score is generally considered to be anything above 720.

Credit scores are based on your credit history, a record of your indebtedness. Creditors report your payments (or lack thereof) to the credit bureaus, who then use this information to calculate your credit score.

8 Ways To Improve Your Credit Score

There are several things you can do to improve your credit, and we will explain what some of them are:

  1. Check your credit report for errors
  2. Make all of your payments on time, every time.
  3. Pay down your debts, especially high-interest debt.
  4. Use a mix of different types of credit
  5. Keep credit balances low
  6. Don’t close unused credit cards
  7. Space out your applications for new credit
  8. Monitor your credit report regularly

Each of these steps is important in its own way, but some will have a bigger impact on your score than others.

Let’s review each step in detail.

1. Check your credit report for errors

Regularly checking your credit report for errors is important to ensure that your credit score is accurate and up-to-date. By catching any mistakes early on, you can save yourself the hassle and expense of dealing with them later.

If you find an error on your credit report, be sure to contact the credit bureau immediately to have it corrected. Remember that it may take time for the bureau to investigate and correct the mistake, so be patient. In the meantime, continue making all your payments on time and keep your credit utilization low.

By taking these steps, you can ensure that your credit score stays healthy and continues to reflect your good credit history.

2. Make all of your payments on time, every time.

One of the best ways to maintain a good credit score is to make all your payments on time. Missing a payment can damage your credit score significantly, so it’s important to stay on top of your finances.

If you’re having trouble making ends meet, talk to your lender about adjusting your payment schedule. You may be able to work out a payment plan that works for both of you.

Pay down your debts, especially high-interest debt

Debt can be a huge weight on your shoulders, especially if you have high-interest debt.

The best way to pay down your debts is to make a plan and stick to it. Start by ranking your debts from highest to lowest interest rate, and then focus on paying down the debts with the highest interest rates first.

Make extra payments whenever you can, and keep your spending in check, so you don’t add more debt to your balance. With a little patience and hard work, you’ll be free of debt in no time.

4. Use a mix of different types of credit

A mix of different types of credit can be beneficial for several reasons. For one, it can help you build your credit score by demonstrating that you can responsibly manage different types of debt.

Additionally, using a mix of credit can help you get the best terms on a loan, as lenders will see that you’re not reliant on any type of credit.

Finally, using a variety of credit can help you stay financially flexible, which is important in case of unexpected expenses or changes in your financial situation.

5. Keep credit balances low

Credit balances are an important factor when it comes to your credit score.

High credit balances indicate that you’re overextended and may have trouble managing your debt. Keeping your credit balances low is one way to improve your credit score and maintain a healthy financial status.

There are a few ways to do this, such as using a budget to keep track of your spending or enrolling in a credit monitoring service.

Following these tips can keep your credit utilization ratio low and improve your credit score.

6. Don’t close unused credit cards

Closing unused credit cards can hurt your credit score so it’s best to let the creditor close the account for you.

Or, if you have an unused credit card, it’s important to keep the account open and active by using it occasionally. This will help prevent your credit score from dropping.

7. Space out your applications for new credit

When you apply for new credit, lenders will pull your credit report hard, which can temporarily lower your credit score.

That’s why it’s best to space out your applications for new credit. Applying for too much credit can make you look risky to lenders and damage your credit score.

Especially if you are looking to purchase a new

8. Monitor your credit report regularly

Monitoring your credit report is the best way to catch errors,  so you can dispute them and get them corrected by yourself or with Pyramid credit repair services.

You can get a free copy of your credit report from each of the three major credit bureaus once per year at AnnualCreditReport.com.

You can also sign up for a credit monitoring service, which will notify you if there are any changes to your credit report. This can be a valuable tool in helping you catch errors early and preventing them from damaging your credit score.


A person looking to increase their credit score can take a number of steps.

They can make sure they are paying all of their bills on time, have a good credit history, and keep their credit utilization low.

By following these tips, a person can work to improve their credit score and get on the path to a better financial future.


Author Bio: Eddy is a personal finance and online business content writer at eddyballe.com. He’s focused on helping others with accurate, authentic information for others to read online. When he’s not writing, you can find him drinking coffee and exploring new places.


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