Comments on: What is the best way to improve my credit? http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/ Free Credit and Debt Information Fri, 18 May 2012 16:57:32 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Benzo http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-572 Benzo Sun, 08 Jun 2008 10:02:26 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-572 The best way to improve your credit is by having someone that is credit responsible add you as an authorized user on one or two of their card(s) that has a long history. The card(s) must have little balances with much available balances. That person don't have to worry about you using the card by not giving you a card. They're simply just making your credit look better with established history. The best way to improve your credit is by having someone that is credit responsible add you as an authorized user on one or two of their card(s) that has a long history. The card(s) must have little balances with much available balances. That person don’t have to worry about you using the card by not giving you a card. They’re simply just making your credit look better with established history.

]]> By: schwa http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-571 schwa Sat, 07 Jun 2008 07:27:27 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-571 bite the bullet and pay your bills, on time, for as long as you can... if you can get an unsecured card do so and use it a lot but always pay the balance.. soon they will bump up your limit and it goes on from there.. bite the bullet and pay your bills, on time, for as long as you can… if you can get an unsecured card do so and use it a lot but always pay the balance.. soon they will bump up your limit and it goes on from there..

]]> By: Mommy & Expecting http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-570 Mommy & Expecting Thu, 05 Jun 2008 12:26:28 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-570 Pay all bills on time, try to not get as many inquiries on your credit as possible. The more inquiries you have the lower your score you will get. If you have a loan and pay it off that really helps your cretid and a credit card does help, but only if you use it correctly. Do not borrow more than 1/3 of your approved amount on your card. It is also best to be able to pay the ballance on your credit card each month. Pay all bills on time, try to not get as many inquiries on your credit as possible. The more inquiries you have the lower your score you will get. If you have a loan and pay it off that really helps your cretid and a credit card does help, but only if you use it correctly. Do not borrow more than 1/3 of your approved amount on your card. It is also best to be able to pay the ballance on your credit card each month.

]]> By: mercy http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-569 mercy Tue, 03 Jun 2008 11:40:31 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-569 It is not about how many you have, it is about how well you maintain the ones you have, just a couple. No late or slow pays. an open bank account, and not being maxed out, will keep your scores up. It is not about how many you have, it is about how well you maintain the ones you have, just a couple. No late or slow pays. an open bank account, and not being maxed out, will keep your scores up.

]]> By: timmishere http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-568 timmishere Tue, 03 Jun 2008 07:13:43 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-568 Why don't you get a secured card, use it only for one year. Put down like 300 dollars and spend and pay it right back, and continue this for one year. It will help your credit a lot, I did that. Why don’t you get a secured card, use it only for one year. Put down like 300 dollars and spend and pay it right back, and continue this for one year. It will help your credit a lot, I did that.

]]> By: mister ed http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-567 mister ed Mon, 02 Jun 2008 07:07:19 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-567 i am assuming you have at least one major credit card -- that is all you need -- use it but always pay full amount each month on time and reduce any otherf debt you have!!! i am assuming you have at least one major credit card — that is all you need — use it but always pay full amount each month on time and reduce any otherf debt you have!!!

]]> By: Laissez-Faire Guy http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-566 Laissez-Faire Guy Fri, 30 May 2008 02:05:08 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-566 Credit scores are based on 4 basic factors, in order of importance: 1. Make payments on time every month. 2. Keep your total credit used vs. total credit available ratio below 30%. 3. Length of credit history 4. Inquiries for new credit. To maximize your credit score, you should do the following: 1. Make at least the minimum payments on time every month for all credit cards and loans. 2. Keep your credit balances below 30% of credit available. 3. Do not close any credit cards that are unused or seldom used, unless they have annual fees. 4. Do not apply for new credit very often. Limit new credit applications to no more then 4 times a year. This includes all credit applications like credit cards, auto loans, instant store credit, etc. There is some room to play here. For example, let's say you've only got 1 credit card with a limit of $2,000 and you've got a $1,000 balance. If you have no or few other inquiries, go ahead and apply for another card. You'll take a small hit right away based on the new inquiry, but the additional credit available, let's say $1,500 for example, will reduce your credit ratio. Now you've only got a $1,000 balance on $3,500 of available credit. Your credit ratio is now only 28.5% and that will boost your score. Credit scores are based on 4 basic factors, in order of importance:

1. Make payments on time every month.
2. Keep your total credit used vs. total credit available ratio below 30%.
3. Length of credit history
4. Inquiries for new credit.

To maximize your credit score, you should do the following:

1. Make at least the minimum payments on time every month for all credit cards and loans.
2. Keep your credit balances below 30% of credit available.
3. Do not close any credit cards that are unused or seldom used, unless they have annual fees.
4. Do not apply for new credit very often. Limit new credit applications to no more then 4 times a year. This includes all credit applications like credit cards, auto loans, instant store credit, etc.

There is some room to play here. For example, let’s say you’ve only got 1 credit card with a limit of $2,000 and you’ve got a $1,000 balance. If you have no or few other inquiries, go ahead and apply for another card.

You’ll take a small hit right away based on the new inquiry, but the additional credit available, let’s say $1,500 for example, will reduce your credit ratio. Now you’ve only got a $1,000 balance on $3,500 of available credit. Your credit ratio is now only 28.5% and that will boost your score.

]]> By: sparkle39399314 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/comment-page-1/#comment-565 sparkle39399314 Thu, 29 May 2008 14:57:02 +0000 http://creditconnectpro.com/what-is-the-best-way-to-improve-my-credit/235/#comment-565 pay your bills pay your bills

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