How can I build up my credit score this year?

Member

My numbers aren't great and it has effected me finding a new place to live. I am currently living with my brother and want to rent a home but I have been rejected twice now and I believe it is because of my scores because my background checks are clean. How can I raise my scores THIS YEAR so I can move out and rent a home by the end of summer?

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May 17, 2020 8:21 PM

If you are able to do it, try doing micropayments. I did this for a few cards and my scores went up pretty fast. The idea is to pay more frequently, so instead of once a month, 2 to 4 times a month.

May 18, 2020 6:59 PM

Pay as much as you can as often as you can. Focus on cards that are closer to being paid off. If you have to, let larger bills slide for a few months. most credit cards don't have direct penalty charges like bank cards do.

May 19, 2020 8:30 PM

Keep your payments steady. Don't skip out on any of your payments and be sure to pay them on time. If you can afford to make two payments a month, do so but try to focus it on two halfs, so the first week of the month and then the last week of the month.

July 25, 2020 7:05 PM

I have been making steady payments on time for 6 months and my score has not improved so apparently this is not the case for everyone. I am trying to figure out what I am doing wrong.

July 25, 2020 7:36 PM

Member

Always pay your monthly bills on time. You can consider opening a new credit source be it in the form of a credit card, cell phone contract, or automotive lease. These will boost your scores.

July 25, 2020 7:50 PM