How to improve your FICO/CREDIT score!!

With the credit crunch in full swing, it is imperative that everyone keeps their credit score healthy. Here's how to improve that credit score so you can get approved for that home or auto loan.

Instructions

Difficulty: Moderately Challenging

Things You’ll Need:

• Desire for better credit score

1. Here are a few tips on how to get that Credit/Fico score up.
2. Pay those bills on time !! Delinquent payment will always bring your FICO score down, and the longer you pay on time the better your score will be.
3. If you are having problems paying off creditors contact your creditors to discuss payment options or contact a legitimate credit counselor -
   such as "Care One Credit Counseling" - see link below under resources.
4. Try to keep balances low on credit cards. High outstanding balances can lower your score.
5. Try not to open new cards you do not need to increase your available credit. This could actually decrease your credit score according to MYFICO.com.

Tips & Warnings

• Note that when you order your own credit score from any or the credit rating agencies (Equifax, Transunion, & Experian) or authorized reporting agencies (MyFico.com). See links below in resources.
• You are by law allowed to receive one free credit report (Annualcreditreport.com) from each of the credit rating agencies per year, and you do not have to request all of them at once. - See link to below under resources.