Sunday, April 6, 2008

How To Improve Your Credit Score

To improve your credit score you need to pay your bills on time and avoid collections. Try to keep your credit card balances at 50% of the high credit limit or below. Don't open a lot of new credit. Don't play the transfer credit card game. Credit history or the length of time accounts are open account for about 30% of your credit score. Watch your utility bill. If you have Wisconsin Energy they do report to the credit bureaus monthly so be aware of that and do not have it go 30 days late. If you are having trouble making any credit payments contact your creditors and work with them directly. If you are in the market to purchase a home, consolidate debt or refinance contact me at 414-416-9194 for a no obligation appointment.

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