Simple Ways On How To Improve Your Credit Score To 800


Your credit score will often be the determining factor that decides what you can afford, how much interest you’ll have to pay, and if you can even qualify to receive or purchase a service or product.

The higher your credit score is, the more reliable you look to lenders, dealerships, apartment and housing companies, and more.

So, what’s the best way to improve so that you can have an excellent credit score, an 800? Here are a few ways to get started:

PAY YOUR BILLS ON TIME
When you check your credit, you will see that a lot of weight is put on your ability to pay your bills on time. This will be what makes you seem trustworthy to companies you decide to borrow or buy from.

Paying your bills on time can result in an easy lift in your credit score. If you are having issues paying a bill on time because it falls on a day when you don’t have money in the bank, try calling the company to see if you can negotiate a different bill due date. This will keep you on track!

HAVE AN AGED CREDIT HISTORY
The longer you can prove you’ve been reliable, the more a company or lender will believe that you are reliable. For instance, if you’ve kept up with your payments for a decade, you will be more reliable than someone who’s credit history dates back only a few years.



DISPUTE ANY ERRORS YOU FIND
Your information can be passed along to several different agencies that can use your information without your permission. Some credit card companies run credit checks on you without your knowledge.

If, for any reason, a credit card company gets your information and runs your credit score, you can be penalized for hard credit inquiries. This can lead in a decrease of your credit score. If you see anything like this on your credit score summary, report it immediately.

PAY DOWN THE HIGHEST BALANCE THAT IS HINDERING YOUR CREDIT SCORE
Although it may be tempting to pay off the lowest balances first, paying off your highest balance will increase your credit score more dramatically.

If you just need a small boost in your credit score to get you over the hump to that 800 score, simply pay off the smaller debts, but paying off the larger one will make paying off the others a piece of cake.

INCREASE YOUR CREDIT LINE
When you are just starting out with a credit card, you will likely be approved for a smaller amount. For example, you may start out being limited at $400 when you’ve just gotten your first job. However, if you’ve worked on your credit score and increased it, you are likely eligible for a credit line increase. When you begin to use your credit card, it will be harder for you to reach that available credit limit, so it will look as though you are trustworthy with your payments.


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