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Old 09-15-2011, 03:13 PM   #1
rewangluo608
 
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Knowing you have a low beacon credit score is not a good feeling. Most people find out they have a low beacon credit score only after they get turned down for a loan or credit card that they so desperately needed. The sad part is that for many people this situation could have been avoided if they just followed a few simple steps to keep their credit report clean.
Tips To Keep Your Credit Score High
Pay Your Bills On Time- This may sound like very basic advice but the truth is many people let bills slide and pay them late thinking nothing bad will happen mac makeup forever wholesale ,nothing could be further from the truth headphones free delivery !
If you pay a credit account thirty days late just one time it can drop your credit score as much as 100 points in a single month. To make matters worse that late payment is now on your record for the next seven years and it ill take at least 12-24 months of good pay history to recover from that one late payment.
Do Not Max Out Credit Accounts- Another simple thing that can bring your score down fast is having to much debt. When determining your credit score the reporting agencies weigh heavily on how much your balance to limit ratio is. If you have to many accounts that are over 45% of the limit then your beacon credit score will start to go down.
If you find yourself in this situation you can call the credit company and see if they will give you a credit line increase mac makeup perfume , this will automatically reduce you limit to balance ratios and bump up your scores a good amount, usually within 30 days.
Do Not Over Apply For Credit- Another very damaging practice is to apply for credit with a bunch of different lenders in a short period of time. This will throw up a big red flag and your credit score will drop if you continue to have your credit report pulled.
Certain types of credit report pulls are not as damaging as others. For example having your credit pulled 6 or 7 times for a mortgage will not hurt your beacon credit score as much as having the same amount of credit report pulls for a car loan or charge card.
Clean Up Your Credit Report- Old and negative information can bring your credit score down quickly as well. Old and incorrect information can be removed with simple credit repair tactics and is a great way to boost your score in 45-60 days depending on the amount of negatives you are trying to get removed from your credit report. If you are unfamiliar how to do credit repair you may want to hire a company to do it for you are take the cheaper way and buy a DIY credit repair kit and do it yourself!702:Ugg Classic
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