 7
Tips to Improve Your Credit Score
Luckily for
those with poor credit, or even people who
simply want a boost before applying for a
loan, there are many ways you can boost your
credit score. We suggest some of the
following tips.
 Credit
101
New to credit? Start here for a
beginner-level introduction to credit
reports and your credit score. Be sure to
visit the rest of CreditSuperStars.com to
learn everything you need to know about
credit.
 How Your Credit
Score is Calculated
You may think
your credit score is just based on the timeliness
of payments on outstanding debt. However, as
you will see, there is much, much more that
goes into the calculation.
 Credit
Mistakes: Things to Avoid Because They Lower
Your Credit Score
Just as
important as knowing what helps raise your
credit score is knowing what hurts it. Try
your best to avoid these situations to make
sure your score stays as high as possible. |
Revolving
Loan Account --
An account in which a person can
continually borrow and repay, rather
than borrowing in one lump sum.
Generally, there is a credit limit
on the account, and the individual
may not borrow more than this limit
at one time. However, once this
revolving debt is paid back, the
individual can borrow again. Most
consumers encounter revolving loan
accounts with credit cards.
CreditSuperStars.com was
founded in 2007 in the hopes of
educating consumer in the field of
credit. Whether you need to know
more about what a credit report
contains, or you want to know how to
avoid lowering your credit score,
you can find all of this information
on our site. Feel free to browse our
sections:
Credit
Introduction
How Your
Credit Score is Calculated
Improving
Your Credit Score
What Hurts
Your Credit Score
Glossary of
Credit Terms
Contact |
