How to Raise Your Credit Score in 30 to 45 Days

Your credit score just may be the most important three digit number in your life, and if your credit score is low you will find yourself paying more for the loans you need or even being turned down for those loans. It is important for those with substandard credit scores to take immediate steps to raise those scores. From paying your bills on time to eliminating inaccurate information from your report, there are many things you can do to boost your credit score.

Instructions

1

Go to AnnualCreditReport.com. This is the website where consumers can get a free copy of their credit report from all three major credit reporting agencies: Experian, TransUnion and Equifax.

2

Log on and provide the information requested. You will need to enter your date of birth, your Social Security number and other identifying information for security purposes.

3

Review your credit report carefully and look for any inaccurate information. Many credit reports do contain errors, so chances are there may be problems with yours. If any problems are found, be sure to note them and write to the credit reporting agency. Putting your complaints in writing is the best way to get any inaccurate information removed from your credit report.

4

Set up automatic payments for your monthly bills. This will ensure that your bills are paid on time, and those on-time payments will boost your credit score. Just make sure you keep your bank balance high enough to cover those automatic payments---otherwise you could be subject to overdraft fees.

5

Pay down your credit cards. According to Liz Pulliam Weston at MSN money.com, "Lenders like to see a big gap between the amount of credit you're using and your available credit limits. Getting your balances below 30 percent of the credit limit on each card can really help."