How to boost your credit score fast – Tips only

I want some quick and easy tips for boosting your credit score as fast as possible. I would prefer to get tips that people know have worked for them. As it stands, my scores have not improved in a long while even though I have been making payments on time. I would like to be able to apply for a home loan next year so I only have 6 months to improve things.

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July 25, 2020 7:20 PM

Member

6 months without any changes doesn't seem right if you have been paying everything. Are you sure there is no outstanding balance or debt that you have on a card that you had forgotten about from years ago? I would start by looking into this and making sure.

July 25, 2020 7:47 PM

Credit scores are not quickly increased. It's slow and steady and something you have to work on to maintain forever.


Secured loans are a good way to increase your score. Other common things include cell phone contracts and credit cards.

July 27, 2020 1:02 AM

If you are paying everything on time and your scores are still not improving, apply for more credit. You can apply for a store card, take out a lease on a car, get a new phone contract, things like that.

July 30, 2020 6:49 PM

Member

Instead of approaching things on a 30 day basis, do it every 14 days or even every 7 days. Make smaller,more frequent payments. This should help boost your score.

August 2, 2020 5:51 PM
amely: Instead of approaching things on a 30 day basis, do it every 14 days or even every 7 days. Make smaller,more frequent payments. This should help boost your score.

@amely  A friend of mine did this. He still has a lot of college debt from his student loans and it helped his scores improve enough to get a house.

August 4, 2020 7:37 PM

Since you will need good scores for a home loan and you want to buy a house next year, I suggestion paying off 80% of your cards. I am not sure how many you have or what other debts you have acquired but do your best to only have 2 or 3 credit cards and no other debts.

August 4, 2020 8:16 PM

Member

carey_prohaska: Credit scores are not quickly increased. It's slow and steady and something you have to work on to maintain forever.Secured loans are a good way to increase your score. Other common things include cell phone contracts and credit cards.

@carey_prohaska 


The cell phone contracts do help. I didn't have one for awhile and decided to get one again and after a few months my scores did improve. I wasn't even trying.

August 5, 2020 11:33 PM

Member

Sign up for a card with a friend or family member who has good credit. You won't need the number or a card to access it, just having your name on the card will help improve your scores.

August 6, 2020 2:56 AM
lavinia: Sign up for a card with a friend or family member who has good credit. You won't need the number or a card to access it, just having your name on the card will help improve your scores.

@lavinia That is an option? I would imagine you sign up with them as an authorized user while the card is still primarily held by them. That is a fantastic idea though, I am going to look into this myself!

August 6, 2020 3:13 AM