Make Friends with Your Unused Credit Cards
If you are one of those people who own a plethora of credit cards but don’t bother to use all of them, then you are in luck! A great way to keep your credit utilization ratio down is not to close unused credit cards.
Many people think of closing unused credit cards as the most sensible thing to do, but on the contrary, closing unused credit cards may do more harm than good by drastically increasing the credit utilization ratio.
Clear Pending Payments on Time
If you have numerous pending payments, then it’s best to clear them within the stipulated time. Even though, you may be able to clear certain bills late, this will contribute badly on your credit report. Too many late payments adding up on your credit report will lead to lenders refusing your requests for new credit cards and loans.
If you have a history of late payments, then don’t worry, as the impact of your payment history on your credit score will gradually fade. However, you should start paying all your present pending bills without any further delays.
Steer Clear of Bad Credit Repair Services
In a desperate attempt to quickly improve your credit scores, you may have searched for credit repair solutions on Google. The results would typically feature a mix of trustworthy services and services whose claims seem too good to be true.
Steer clear of the latter types of services, as they are mostly scams those want nothing apart from your money. Typically, these services would ask you to pay them for improving your credit scores before they even lift a finger.
If you are really worried about your credit score, then you should first get in touch with a reputed credit counselor. An experienced and qualified credit counselor would be able to guide you towards an honest and genuine credit score fixers.