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Ways to improve your credit score rating - DOC

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					Ways to improve your credit score rating

Word Count:
375

Summary:
Improve credit score is the best way to extend credit facilities. One of
the best ways to improve your credit score is credit score repair.


Keywords:
improve credit score,credit score rating,credit score,credit
report,healthy credit score


Article Body:
Have you ever bothered to have a look at your credit score? Most of us
are not even aware about the importance of maintaining a healthy credit
score. If your credit report has a bad credit score rating it’s the time
you start to improve your credit score rating.



Credit score is just a three digit number but it has a great importance
especially when you’re thinking for applying a loan. Bank and money
lenders check your credit score rating to judge your credit worthiness.
Thus it becomes very much important to maintain a healthy credit score
and report.


Improve credit score is the best way to extend credit facilities. One of
the best ways to improve your credit score is credit score repair. Credit
score repair can help you eliminate any bad or negative remarks in your
credit report. In order to improve your credit score you can also ask for
online credit reports and score that can cost you a small nominal fee. In
short improving credit score means increasing your credit score.

Negative remarks require certain time to cease from your credit report.
For example, bankruptcy exists for 10 years on your credit report whereas
other negative remarks prevail for 7 years. Usually credit score ranges
from 300-750 but average credit score lies within 600-750. In order to
have good credit score a person must score above 700.

It is obvious that person with bad credit finds credit limitations
whereas person with good credit has credit flexibility. Concerning the
growing importance of credit in modern business one must understand his
responsibility to improve it.

Below are some of the guidelines that can help you to improve your credit
score.

•    Pay your bills on time or on due date.
•     Assure that you do not apply for credit too often. Maintain time
limit to apply for credit. Too many and frequent inquiries can lower down
your credit score.
•     Don't open too many unnecessary accounts. Remember a zero balance
account is taken into consideration
•     Assure that you open only necessary accounts.
•     Any balance in the credit card must be paid completely.
•     Assure that you check your credit score periodically at least once
in six months.
•     Try to increase or raise your credit score rating to obtain better
credit.

				
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posted:3/9/2010
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