1. Pay your bills on time.  This is the best answer to how to raise your credit score.  Why?  Your payment history makes up the largest part of your credit score.  Nothing is a more of sign of potential default than not paying your bills on time.

2. Pay down your debt. if you are trying to raise a credit score sometimes you need to look at the individuals that already have a good credit score.  The majority of people with a good credit score are usually below 40% to 50%.  The individuals with an excellent credit score are are around 10% to 15% utilization.  Paying down your debt sounds easy but you need to come up with a budget.

3. Don’t lower limits or close old accounts. People somehow come to the conclusion that they need to lower their limits to protect themselves or close an account because they don’t use it.  The truth is that this usually hurts a credit score.  This will more than likely raise your credit utilization, putting you closer to your limits.

4. Check your credit report for errors.  If you are trying to answer how to raise a credit score the place you should start is checking your credit report for errors.  The truth is the majority of credit reports have errors on them.  You will want to this with all of your credit reports or just get a 3 in 1 credit report.  Getting these errors removed will more than likely give you a boost.

5. Check your credit report twice a year. Since there is there is the potential for errors to be added to your credit report, you need to check your credit report at least twice a year.  You do get a free credit report once per year but the second one is going to cost you money.  It is worth it.

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