7 Factors That Will Improve Your Score

Credit scores are decision-making tools that lenders use to help them anticipate how likely you are to repay your loan on time. Credit scores are also sometimes called risk scores because they help lenders assess the risk that you won't be able to repay the debt as agreed.


1. Pay Your Bills on Time

2. Get Credit for Making Utility and Cell Phone Payments on Time

3. Pay off Debt and Keep Balances Low on Credit Cards and Other Revolving Credit

4. Apply for and Open New Credit Accounts Only as Needed

5. Don't Close Unused Credit Cards

6. Don't Apply for Too Much New Credit, Resulting in Multiple Inquiries

7. Let Us Dispute Any Inaccuracies on Your Credit Reports