• Payment history – Always make it a point to pay your bills on time. If you have not paid any past bills, then do so now. Negotiate with your creditors to keep the details of your unpaid bills away from the credit report.
• Debt – See that the credit card balance is not high. Also let your accounts which are not used remain so because when the balance is zero, it adds to your credit score. At the same time, don’t open any more accounts. See that your debt-to-credit-limit ratios remain low.
• Credit history – You can set your credit score right over a long period of time. Don’t make the mistake of opening too many accounts simultaneously because it portrays you in bad light and will have a negative impact on your credit scores.
• Types of credit – You can get credit cards along with installment loans and loans with fixed payments which if used wisely will enhance your scores. Don’t overdo it as it will not help you. If you close your account also, it will not help your scoring.
• New Credit – If your attempt to acquire a single loan sparks off several credit inquiries, then pull them closely together. The same is the case with opening several new accounts at the same time. Don’t do anything which will allow the credit scoring software to track you and lower your credit scores.

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