How to Improve Your Credit Score

how to improve your credit score?

Your credit score is one of the most impotent things to determine whether you are eligible or not to get a loan or buy a property or car. Even the rates and terms of the loan will depend upon your credit score and your credit history. If you have lower score then the interested rate of the loan will be higher and if you have higher credit score then the rate of interest rate of your loan will be comparatively lower. Above 680 credit score is considered as good credit score. From 620 to 680 is considered as average credit score. But if you have a credit score lower than 620 then it will be considered as poor credit score and it will be tough for you get approve for a loan. So you should always try to maintain a good credit score.



If you have a poor credit score there are different ways to improve your credit.

1. First and foremost pay all your bills on time and keep a record of it.

2. Don't go for huge amount of debt that you can't control or pay back on time.

3. Don't close your old credit cards and don't always go for news cards. If you change your credit cards frequently then it will have a negative affect on your credit score. So keep your old account open.

4. If you have any wrong information on your credit score then try to dispute it ASAP as the wrong information will ultimately droop your credit score.