Credit Reporting Help and Tips To Improve Credit Score

Step #1: Open new accounts with high credit limits and kept the balances low.

If you keep your available credit limits high and only use 10% to 30% of the credit you have available, your credit score will improve dramatically, and you’ll actually be able to pay your bills!

Step #2: Add accounts with years of perfect payment history to your credit file. This step can take a credit score from 650 to over 750.

While there are ways to add seasoned accounts to your credit file for free, there are companies that do it for a fee. The problem is that they usually charge somewhere between $2,000 and $2,500 per account. Consequently, if you want a 700+ credit score then you will need three or four of these accounts which adds up to a total cost of $6,000 - $10,000.

(You can search any of your favorite search engines for companies that will offer you this service.)

While there are many effective steps you can take to increase your credit scores by as much as 200 points, these are some of the main ones. The extra good news about these ones though is that both steps can be completed in less than 30 days!