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Four ways to improve your credit score

Four ways to improve your credit score
News from CNBC:

Consumers are getting a better grade when it comes to how they use credit these days.

Nationally, credit scores are slowly and steadily starting to improve as more consumers who use credit are managing it more effectively. A recent report on FICO scores—the most widely used credit scoring system—found the national average score is currently at its highest level in nearly a decade.

It’s an encouraging trend, since a credit score is one of the most important factors that lenders use to get a snapshot of risk as they decide what rates to offer on credit cards, private student loans, car loans, home insurance and mortgages. The higher the credit score, the better the rate for which consumers will qualify.

Read MoreWhat millennials don’t know about credit cards

Your FICO score can range from 300 to 850. In April 2015, the average FICO score was 695 up from 688 in October 2005. Acco…………… continues on CNBC

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Raise Your Credit Score 100 Points in 6 Months with These Aggressive Tactics
News from TheStreet.com:

NEW YORK (MainStreet) — You might be surprised at just how much progress you can make in improving your credit in six months or a year. 

In fact, with a few nifty tricks, you can boost your credit score some 50 to 100 points in no time flat.

Especially if you’re looking at buying a house somewhere in the near future, you’re going to want to aggressively pursue raising your credit score for the best rates possible, says John Heath, managing attorney with LexingtonLaw.

Here’s how to make that happen.

First Things First: Pull Your Credit Report

To know what you can do for starters, you’re going to have to pull your credit report and look it over. That’s where any path toward a higher credit score, aggressive or otherwise, is going to begin. What you’re looking for is anything that…………… continues on TheStreet.com

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Four tips for improving your credit score

Four tips for improving your credit score
News from al.com:

(iStockphoto) 

MOBILE, Alabama – Now that you know what information is used to calculate your credit score, how lenders use the score and what you’re doing that can bring that number down, let’s talk about things you can do improve your score.

Kathy Scarborough, chief communications officer with Navigator Credit Union in Mobile, said consumers will notice quickly this list quite a bit shorter than the one of things that hurt your score.

On the bright side, that should make these easier to remember, and Scarborough said the following tips can help increase the average credit score by about 100 points.

  1. Pay off balances of revolving debt the old fashioned way: with cash!

This tactic seems simple enough, but the lower the balances, the less interest being paid and the more disposable income you have to either direct toward other debt or save.

2. continues on al.com

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http://www.businesscreditblogger.com/2013/11/14/how-to-improve-my-credit-score-fast/ Looking for answers on how to improve my credit score fast? Learn three …