In today\u2019s economy it\u2019s more important than ever to have a good credit score, but how to repair your credit score<\/p><\/div>\n you need to use credit to build credit. how to repair credit<\/p><\/div>\n your balances and your limits, especiallyon revolving debt such as credit cards and like mortgages or auto loans, your scores improve much more dramatically when you pay How To Repair Your Credit Score In today\u2019s economy it\u2019s more important than ever to have a good credit score, but millions of consumers simply don\u2019t and all too often find themselves looking for tips on how to repair their credit score. If you already have credit accounts credit cards or loans, you will… Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,24,25],"_links":{"self":[{"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/posts\/4199"}],"collection":[{"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/comments?post=4199"}],"version-history":[{"count":3,"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/posts\/4199\/revisions"}],"predecessor-version":[{"id":4204,"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/posts\/4199\/revisions\/4204"}],"wp:attachment":[{"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/media?parent=4199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/categories?post=4199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/creditrepairnewyork.net\/wp-json\/wp\/v2\/tags?post=4199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nmillions of consumers simply don\u2019t and all too often find themselves looking for tips
\non how to repair their credit score<\/strong><\/span>. If you already have credit accounts credit cards
\nor loans, you will have a credit file and score with the 3 major credit bureaus(Experian<\/a>,EquiFax<\/a> and Transunion<\/a>). The following
\ntips will help you know how to repair your credit score<\/strong><\/span>: Use credit, but be smart about
\nit.<\/p>\nOne vital tip on how to repair your credit score<\/strong><\/span>:<\/h2>\n
![\"how](\"https:\/\/creditrepairnewyork.net\/wp-content\/uploads\/2013\/06\/how-to-repair-credit-score.png\" "\\"how")
\nMake manageable purchases with your credit card and pay down the balance each month,
\nbut don\u2019t pay off your balance completely.So if you made a purchase of $500 and paid
\nit off 30 days later, it does not usually reflect that on your credit report, so do
\nsomething like that within a 60 to 90 day spread instead. Having a zero balance is good
\nto avoid interest charges but not in repairing your credit score. If a zero balance is reported
\nto the credit bureaus it appears as though you\u2019re not using the account, which negatively
\nimpacts your score. To improve your credit score, pay off all but $10-$50 of your balance.
\nThis will show activity on your credit to help repair your credit score<\/strong><\/span>.<\/a> Next, never
\nmax out your card, even if you are able to pay off the full amount at the end of the
\nbilling cycle. Keep your balance to below 30% of your available credit limit. Be meticulous
\nin this area as more than a third of your credit score is based on your credit utilization
\nratio \u2013 which means how much of your available credit limit you’re using. Your credit report
\nshows two columns of data regarding this,your credit limit, and your high credit, or
\nin other words, the highest your balance has been on that account. Another useful pointer
\non how to repair your credit score<\/strong><\/span> is to spreadout your debt. It’s better to have small balances
\non several cards than a big balance on onecard. It\u2019s also good to have wide gaps between<\/p>\n![\"how](\"https:\/\/creditrepairnewyork.net\/wp-content\/uploads\/2013\/06\/how-to-repair-credit-300x300.jpg\")
\ndepartment stores. Although you’ll still be rewarded for paying down installment debt<\/p>\n
\ndown revolving debt. Keep accounts open and active. Another vital tip on how to repair<\/strong><\/span>
\nyour credit score<\/strong> <\/span>is not to close any accounts.Each of your accounts has a history, and your
\ncredit payment history represents 35% of your score. Another related tip on how to repair<\/strong><\/span>
\nyour credit score<\/strong> <\/span>is don\u2019t let your creditor close it due to inactivity because it will
\nshow on the credit report as \u2018closed bycredit grantor\u2019 which lowers your credit
\nscore. Another important tip on how to repair your credit score<\/strong><\/span> is to have a healthy mix
\nof credit. Have at least one installment and two revolving accounts; after that be careful
\nabout applying for new credit. Too much available credit can be perceived as dangerous by potential
\nlenders. You\u2019ll also get dinged with more inquiries if you have a lot of accounts; and
\nevery point counts when you are applying fora major loan. We hope these tips will help
\nyou to repair your credit score<\/strong><\/span>.<\/p>\nThank you for reading our article on how to repair your credit score<\/strong><\/span>, and good luck.<\/h3>\n","protected":false},"excerpt":{"rendered":"