Free Articles  >>  Business And Finance >>  Page 2818  >> 

How Can I Quickly Increase My Credit Score

For someone looking to increase their credit score, there are a number of both effective and ineffective ways you can go about it. Ideally, you want something that'll give you quick results, without draining your bank account in the process. Read on to find out what you can do to increase your credit score quickly and with a minimum of expense.

To start, you'll need your credit report. There are a number of different ways to do this. If you haven't pulled your report ever, the government entitles everyone to a free credit report once per year.

It's important to note that this is different from those monthly free report services that you see advertised on television. With those, the first is free, but subsequent ones cost you, and they're billed every month. Search around and you can find ways to get your credit score and report without having to spend any money.

Once you have your actual report, it's time to set about removing all of those nasty marks from it. Start with things that you don't recognize. Dispute these marks on your report, and the companies that placed them on there will have to substantiate their claims. This can take care of a number of marks rather quickly.

Next, look into arranging payments for any outstanding debts. If you're making progress on paying a debt off, it will look way better than if you're just letting it sit there.

After you've gotten started on all of that, look into getting a small credit card. Don't look for anything with a big limit, and you don't really need to bother yourself with looking for a low interest rate either, since you won't be carrying a balance with this card. Sometimes this card will be labeled a student or starter credit card.

When you have your card, begin making your regular purchases with it, such as gas and groceries. Make sure to pay the card off every month on time, and never get anywhere near the limit.

Keep this practice up, and you'll notice that your limit will start to increase. As your limit increases, your score will go up.

If your banking setup lets you do this, set up automatic payment of the credit card to ensure that you never miss a payment. Above all, never spend more on the card than you have available (either in cash or checking) to pay it off. You never want to get into a situation where you can't pay off the balance of this card. Credit is slow to build, but very quick to be lost.

I like to keep a separate bank savings account with the limit of the card in it, as an emergency fund. In case I find myself in a position where I can't pay the card off, I use this savings account to clear it, and then refrain from using the card until I've put money back into the account. This way, you can ensure that you won't miss a payment.
About Author Raymond Edwards :

Want to learn more about building your credit score? Take a look at this amazing program: <a href="" target="_blank"></a>

Article Source:
Article Url:

Article Added on Thursday, December 10, 2009
Other Articles by Raymond Edwards

4 Tips To Make Your Computer Not Run So Slow
One of the most common reasons for replacing computers (especially home computers) is that it runs too slow. The funny thing about that is that most of the time the problem isn't a hardware problem, but a software problem, curable through a variety of methods that are almost all available to the home computer user. First, many computers have way too many things running when they first start. Take a look at your startup folder and see if you have ten million programs running when you start the...

Good Ways to Quit Smoking Today
There are quite a few ways that people go about quitting smoking. Their success all depends on your self discipline and, as such, you should choose yours accordingly. Make sure you read through the whole article before deciding which one to pick! Nicotine Replacement Therapy is one of the most popular methods for quitting, because it satisfies your body's craving for the drug nicotine. This doesn't mean that quitting smoking is made easy, however, as NRT does absolutely nothing to help your...

Publishers / Webmasters
Article ID: 196071
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:

142 Users Online !
Related Articles:
Latest Articles:
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts

Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of and/or its owners.

Copyright AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Business eMail Hosting Provided By AwareIndia

Company IDS