Tips To Raise Credit Scores

Tips To Raise Credit Scores:
This article on Tips To Raise Credit Scores has important credit score raising tips that you need to remember. Repairing credit is a like losing weight: It does takes time.
Most quick-fix efforts are likely to backfire, so beware of people or methods that claims to increase credit scores fast. The best way to rebuild credit is to manage your credit responsibly.
The tips below will help you manage your credit.

Tips To Raise Credit Scores
1. Pay off your credit debt rather than moving it around. … 
2Keep balances low, below 10% on credit cards and other “revolving credit”.
3. Do not close your unused credit cards as a strategy to raise your credit scores. Losing the age of the cards can lower your scores, and increase your debt to credit ratio.
4. Don’t open a number of new credit cards that you don’t need, just to increase your available credit. Every hard inquiry actually lowers your credit score approximately 5 points.
5Check Your Credit Report –  If you haven’t already, request a free copy of your credit report and check it for errors. Your credit report contains the data used to calculate your credit score and it may contain errors. In particular, check to make sure that there are no late payments incorrectly listed for any of your accounts and that the amounts owed for each of your open accounts is correct. If you find errors on any of your reports, dispute them with the credit bureau.
6Set up Payment Reminders – Making payments on time is one of the biggest contributing factors to your credit scores.  You could also consider enrolling in automatic payments through your credit card issuer and or loan providers so payments will be debited from your bank account automatically. As pay down your balance you will raise credit scores.
7. Be aware that paying off a collection accounts does not remove them – The account will stay on your report for seven years.
8. Become an authorized user on older established credit accounts if you can. Sometimes this can be accomplished by asking a spouse or relative to add you to their credit card/s.
You can explain to them that you don’t need the credit card and they will keep that, you only want the payment history so that your own credit scores can increase and be good enough for you qualify for credit or  financing on your own. If you don’t have a relative that can or will add you as an authorized user on their accounts, don’t worry we can add you to our good accounts.
Using these tips to raise credit scores should help in your quest for higher credit scores and better credit.