How To Raise Credit Scores 30-50 Points Within 6 Months! - By: Helen Hecker

Whether you have a good credit score now or not, if you're looking for ways to raise your credit score and clean up your credit report there are plenty of tips here on what you can do. One of the best ways to raise your credit score is the following:

Call your credit card company and ask them to raise the limit on your credit card or credit cards if you have more than one credit card. Hopefully they will do that and this is just one way to go, but there are other ways to raise your FICO score too.

Once you get the increased limits on your credit cards, if you're not currently using them you can and should make small charges on these accounts to keep them open but pay them off each month and on time. The purpose of these higher limits is to give you a greater amount of unused credit. The credit bureaus use these amounts in determining your credit score. The more unused credit you have available to you weighed against what you have used, the better your credit score will be and is reflected on your credit report.

Doing this will raise your credit score from between 30 to 50 points within six months.

Keep all your credit cards open. Also consider signing up for a new credit card and get the upper limits. Try to get a low interest credit card. You may be getting offers in the mail now. Even with slower economic times people still get credit card offers in the mail.

It's always best not to close a credit card account, because you reduce the amount of credit available to you. And your credit score and credit report are based on the history of these accounts also.

If your current credit card company attempts to raise your interest rate you can opt out and the company will send a letter to the credit bureau explaining that you're not closing the account but opting out and they are closing it. This should not affect your credit score, whereas if you closed it, it would. Before you opt out though, try to get another credit card if you need one so you'll have it to fall back on should you need it. If you get it then call on the customer service line and say you want to opt out, not close the account.

If you follow some of these tips you should be able to raise your credit score within six months. Make sure to make all payments on time because late payments can significantly lower your credit score and place some negative marks on your credit report. There are many other things you can do to raise credit scores also.

About the Author

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