3 Effective Tips to Improve Your Credit Score

Keeping a good credit score is easier said than done, but it is still important to make use of every opportunity to step up your credit score as it can come in handy for you in the future.

Especially if you are in the habit of spending too much and using your credit card more than you can afford to, your credit score will go for a toss pretty soon. So here are some simple yet effective tips that would be helpful for you to improve your credit score:

1. Lower Your Credit Card Debt

The first and foremost thing you’ve got to do is to reduce your credit card debt to manageable levels so that slowly and steadily you can start getting a grip on your finances. If you keep high balance on your credit cards near their credit limits then there’s a good chance that your credit score will start getting adversely affected.

To prevent this, start paying off your debt in small amounts until you are comfortable with the remaining debt. This will significantly help you improve your credit score over a period of time.

2. Limit Your Spending

One of the main reasons why people are unable to maintain a good credit score is that they use their credit cards too often, for buying unnecessary items that may not be of any use to them a few months or a few years down the line. The result is that they are often unable to pay off the debit due to their unchecked spending, thereby negatively affecting their credit scores in the process.

The best way to stop this is to only use your card to buy items that you need, so that you would not have too much difficulty in paying off the balance later. Also try to use only up to 50% of the credit limit on your card. If you need to purchase some more things, then you should ideally use a different card.

3. Check Your Limits

One of the reasons that you might be unaware of is that your lender might be showing lower limits than your card allows, thereby hurting or lowering your credit score. It’s always best to update this information so that it won’t hurt you later.

Also, make it a point to get a copy of your credit reports so that you know exactly what needs to be taken care of, since the credit report would include the list of accounts that might be negatively affecting your credit score.


  1. I was able to raise my credit score after I got a couple of secured credit cards who reported to the credit bureaus. Great article and thanks for the write-up!
    Jessica Johnson recently posted…The Best (and Worst) Secured Credit Cards for Rebuilding CreditMy Profile

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