How to Boost Your Credit Score

Review your credit reports for errors or outdated information. Dispute inaccuracies promptly to avoid negative impacts on your credit score. 

Late payments can severely harm your credit score. Set up automatic payments or reminders to ensure consistent on-time payments. 

Aim to use less than 30% of your credit limit, and ideally, keep it below 10% for the best impact on your credit score. 

Keeping older accounts open helps maintain a longer credit history, which positively influences your credit score. 

Multiple credit inquiries in a short period can lower your score. Apply for credit only when necessary. 

Having a combination of credit cards, installment loans, and other accounts can show responsible credit use. 

Pay off debts in collections or negotiate settlements. A paid collection is better than an unpaid one for your credit report. 

Spread balances across multiple cards and aim for low balances to improve your credit utilization ratio 

If you’re rebuilding credit, consider secured credit cards that report to the major credit bureaus.

Credit improvement takes time. Avoid drastic changes and focus on building good habits.