Improving Your Credit With 3 Easy Guidelines

Here are some simple guidelines you can use to raise your credit score. If you follow the simple advice offered, you’ll find yourself in a better situation than you were before. Here are the guidelines: 1. Pay your bills on time. The last thing you want to do after making a large credit purchase is scrambling to pay the bills on time. One of the best ingredients for a good credit score are month after month increments of on-time payments. 2. Use your credit cards less. This goes in hand with paying on time, credit bureaus don’t calculate how much you are paying in a month but are more concerned with if it gets paid by the end of the period. Using your credit card less and lowering the balance on your statements will allow you to make easier payments and raise your score. 3. Consolidating your debt. If you have multiple credit cards from a provider, consolidating the newer cards into the older cards can increase the average age of your revolving lines of credit without reducing your credit limit. Image via Advia Credit Union.