Steps to Improve Your Credit Score

Steps to Improve Your Credit Score

If you are planning to fix your credit score, you need to beware that this is not something that you can do overnight. You need to find the best ways to rebuild your poor credit score so that you can make everything right once again.

Having bad credit might be frustrating because you will be limited to some financial services. Therefore, it is an important idea to know at least 7 steps to increase your credit score.

The following are some of the ways to help you with this:

Avoid New Credit Card Purchases

You need to avoid credit card purchases that will increase your balances. You will not want your credit utilization to increase. You can pay cash for all your purchases. Ensure that you do not put your money in the credit card to minimize your chances of having bad debts that will reduce the credit score. You can also avoid some loans entirely and use the money to clear your balances so you can improve your credit score.

Get a Copy of Your Credit Reports

You need to have a credit card report so that you are sure of what you are working on. Remember that the credit score is based on your credit report. Therefore, you need to work on the report to improve your standing. Once you order your credit reports, you need to be focused on identifying each account that needs to be worked on so that you can improve your score.

going over your credit history

Get a Professional Help

Sometimes it is difficult to figure out the best ways to improve your credit score. Therefore, it is essential to contact a professional for help. Professional assistance, such as consumer credit assistance, will assist you to find the best payment methods that will enable you to clear balances in good time. You need to make a call when you are stuck making your payment so that you get the best credit counseling on how to improve your score.

Pay off the past Balances

It is a good idea to make payments for your due balances as they will make up 35% of your credit score. You need to contact the credit card issuers so that they may work on your payment methods and provide you with enough time to clear these balances.

The card issuers might also re-age your account so that it indicates that you have always been paying on time. This will help to improve your credit score.

avoid using your card

Avoid a New Credit Card Application

If you already have a bad credit score, applying for a new one will not provide a solution to your past credit cards. You need to possibly avoid new credit card applications so that you can reduce the chances of damaging the credit score again.

You need to work on your current credit card by paying off the balances. Remember that applying for a new one will lower your average credit card, and this will not in any way solve your previous credit score.

Benefits Of A Credit Card

credit card

Most banks are people friendly. This explains why they offer a broad range of credit cards that help people in untoward situations or emergencies. You can choose any card that is ideal for your lifestyle. Nearly all cards offer cash back schemes, offers, and reward points at certain times of the year. A credit card will give you the convenience of making a single payment as compared to paying cash for different services.


swiping credit cardChoosing the right card can be quite challenging, but it is not impossible. For instance, if your job revolves around traveling, then you need a credit card for flight tickets and hotel bookings. Moreover, you have got an option of paying by credit card instead of cash in a foreign country. If you shop on a regular basis, you will benefit from discounts on the main labels and electronics at various outlets.

Sometimes, you may find yourself in an unforeseen emergency. In this case, you can pay with your credit card. Remember that repayment is a must, but it can be scheduled for your convenience. Making regular payments on your dues will improve your credit score. It is necessary to have a good track record as it will help you secure a loan.

With a credit card, you can forget the hassles of standing in a queue at the bank waiting to be served. It is possible to apply for a credit card from the comfort of your office or home. Just go to the website and select the type of card you want. You will be then prompted to fill your details as needed and then apply.


The process of handling expenses can be quite difficult, but quite challenging as well. The process of paying bills is equally challenging. With a credit card, you have the world at your fingertips. It is not a must to be out of your home to pay bills, whether it is electricity or mobile recharge, you can do that with a credit card.


taking out credit card from wallet

The internet has led to increasing of cyber criminals who are taking every opportunity to swindle other peoples’ money. Fortunately, credit cards are protected with the PIN and EMV chip. This ensures every transaction is secure. Moreover, the chip reduces any possibilities of counterfeit fraud transactions and skimming.

It is possible to use a credit card to get access to the airport lounges, shop online for gadgets, clothes, and even books. It is also possible to withdraw money from any particular ATM across the world. Sometimes you need to inform your bank that you are traveling to another country. Fees are applicable by the set guidelines.


You must be 18 years and above. Also, you need to have a minimum amount as per requirements of your credit card. When applying for the credit card, you ought to give proof of your income and address.