Hello Looking for Credit Tips

[Austin Richey]

Hello, i'm looking to raise my credit to it's maximum potential. Can someone please tell me some good information on how to go about doing that? I'm sure it's thousands of experts out there with this knowledge. 

Thanks in advance,

Austin Richey

[Reece O.]

Hello,

If you are wanting to boost your credit you may want to do these three things:

1. Fix negative credit
2. Create paths for good credit
3. Maintain good credit habits and remove the negative

1 - You want to get rid of collections or inquiries that will damage your credit score. You can dispute most of these online or by mail. Even if a collection is righteously owed you may be able to get a removal if they do not respond in a timely matter. Optionally, a credit repair service can do this for you.

2 - You need some positive credit being reported on you. Look into secured credit cards, shared loans or secured loans.

3 - You must create good habits. Pay all bills on time and never be late. Limit how many times you apply for credit to avoid a large amount of inquires that will hurt your credit score. If you get a credit card, secured or not, be sure to pay it off in full each month. I highly advise you to not go into any debt on a card that can't be paid off the next billing cycle. Keep your card utilization under 30 percent. This means only carry a balance of $300 on a $1,000 card. Lastly, always enable auto pay if it is offered.