Free Credit Tips to Increase Your Credit Score

Do you want to raise your Credit Score?  Then put these free tips to work for you...

By the time you finish reading this page, you will learn techniques that you can use to raise your Credit Scores in an efficient, methodical way.  I used these same tips to raise my Credit Score to over 700.

You will also learn exactly how Credit Scores work, so you can take the right steps in the future that will keep your Credit Scores high.

The free credit tips we reveal on this page are legal ways you can use to increase your Credit Scores. If you are looking for illegal tactics (New Tax Id#'s, etc.) you will not find them here.

There are many sites on the internet that will promise to raise your Credit Scores, however this site is different than most other internet sites.  Why?  This site gives you honest, upfront information about Credit Reports and Scores, and explains different methods you can use to raise your Credit Scores - for free.  Other sites either charge you a small fortune for this same exact information, or sell you worthless products you may not need. 

Lets get started...

Why are Credit Scores so important? 

Credit Scores directly effect many financial transactions you do, including:  buying a home with a mortgage, borrowing money to purchase a car, applying for credit cards, and even applying for a job.  Making sure your Credit Score is as high as possible is one of the easiest ways of saving money every month.

Your Credit Score tells a lender very quickly and efficiently how likely you are to default on a loan.  The lower the Credit Score, the higher the interest you will have to pay - because the lender has to take on more risk to lend you money based on your past payment history.

Make sure you take steps to increase your Credit Score today so the next time you apply for a loans, insurance, credit cards, or even a new job you will confident about your high Credit Scores.

Here is a summary of steps you need to do to increase your Credit Score:

1.  Get your 3 Credit Reports and FICO Score - If you don't have this yet, this is crucial because you need to know exactly what is on your current Credit Reports and what your current Credit Scores are.  We recommend using Equifax Gold  to get your current Credit Report.  By understanding this information, it will tell what actions you need to take next. 

Note: DO NOT order your Credit Report until you read our Credit Report Guide because there are many Credit Report offers out there that are a waste of time and money, and can actually make increasing your Credit Score harder!

2.  Using information from your Credit Reports and using the free Credit Analyzer, (gives you insights into your credit report, see sample here - free with Equifax Gold ) understand why your Credit Score is low.  Is it because of high debt levels, derogatory (negative items, late pays, charge offs, etc.) items, or a mixture of both?  The Free Credit Analyzer will tell you.

3.  Using the information provided on this site, learn how to fix issues related to high debt levels and removing derogatory (negative) items on your Credit Report.

4.  You might also need to use other resources to increase your Credit Score.  Here are some recommended resources:

• Are you busy and want somebody else to legally dispute items on your Credit Report for you? - One of the best ways of increasing your Credit Score is by deleting negative information from your Credit Report.  I recommend using The Lexington Law Firm because of their excellent  track record in the credit repair industry.  Remember, Credit Repair is perfectly legal if done correctly.  The Lexington Law Firm legally disputes items on your Credit Report for you, saving you the time and hassle of doing it yourself.  (It's like mowing the lawn, you might want to have somebody else do the work for you!) They have helped more than 400,000 clients since 1992, they are the largest lawyer owned Credit Repair company in the US, and their service costs $39/month.  The Lexington Law Firm also offers a full money back guarantee in case they cannot remove items from your Credit Report.  If you have negative items on your Credit Report and can afford The Lexington Law Firm ($39/month), this is one of the easiest ways of raising your Credit Score.

• Do you want to dispute items on your own? Do you have high debt levels and need to negotiate with your creditors? - We recommend using  The Credit Secrets Bible for advanced Credit Report disputing techniques, tips on negotiating with creditors, and sample Credit Report dispute letters.  Many of the techniques from this book are the same techniques lawyers and Credit Repair firms use, however there is nothing stopping you from using them yourself - and not paying them their fees.  The Credit Secrets Bible also contains insider advice on how to negotiate your way out of debt, including dealing with collection agencies.  If after getting your Credit Report you decide you want to do the work yourself, this is a great tool for you to use.

• Sign up for our free 7 day email course - The tips we have provided on this page is just a small fraction of what you will get if you sign up for our email course.  Sign up for free today.

• Do you have at least three open credit lines?  Did you know that not having any credit history also means having a low Credit Score?  You should have at least 3 open credit lines.  If you do not, I recommend applying for the Orchard Bank Credit Card because they will offer you a credit card instantly that best fits your credit history, even if you have a low Credit Score.  Also, the Orchard Bank Credit Card reports your credit history with their credit card to all three credit agencies, (not all credit cards do this) this will also help you build positive credit history. (As long as you pay it on time!)

• Do you have high debt levels (over 5K in debt) and don't own a home?  If you would like help in negotiating your debt with your creditors, I recommend CareOne Credit because with one short no obligation form they will contact you to see if they can get you out of debt faster.  CareOne Credit can negotiate for you and help you lower your debt payments.  The form is free, so you having nothing to lose if they can't save you money.

• Do you have high debt levels (over 5K in debt) and own a home?  If you own your home, you may want to consolidate your debt because it will lower you interest rates and maybe tax deductible.  I recommend using ReallyGreatRate.Com - the form is free so you have nothing to lose if they can't save you money and get you of of debt faster.  In most cases, the less debt you have the higher your Credit Score will be.

Remember, any money invested will pay for itself many times over because you will qualify for much lower payments with higher Credit Scores.

5.  Monitor how your Credit Scores are changing monthly with your credit actions, again we recommend using our Credit Report Vendors.

6.  Make sure you fully understand your past credit mistakes, and do the right things to keep your Credit Score as high as possible for the future.

Detailed Steps to Raise Your Credit Scores

Getting your Credit Reports and Scores - The crucial first step

If you have not done so already, you will need to obtain a current copy of your Credit Reports and Credit Scores to get started.  Using the information you learn from these Credit Reports, you can then decide on how to best approach raising your Credit Score. 

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Without this key information you won't know what your Credit Scores are, how to possibly increase them, or even what to dispute if you happen to find inaccurate data.  Remember, removing inaccurate information on your Credit Report or doing certain other actions (paying down debt, increasing credit limits) can dramatically affect your Credit Scores. (more on this later).

How to get your Credit Reports and Scores

There are many services that can sell you your Credit Report.  We recommend using Equifax Gold .  (The first 30 days are always free)  We like Equifax Gold because you get access to your Credit Report monthly and they include your actual FICO Credit Score.  (more on the important difference between "FICO Scores" vs. regular "Credit Scores" later - there is a huge difference) The information is easy to read and understand, see a sample Credit Report and Credit Score.

As long as you remain a member, you will also get any updates to your Credit Reports and Credit Scores Monthly without having to pay each time.  This is very valuable because as you change things on your Credit Reports, you will get an email updating you automatically with your new FICO Credit Score.

Another great feature of Equifax Gold is that it comes with a Credit Analyzer, which will analyze your Credit Report information and tell you how doing certain things (paying back debt, applying for a new car loan, getting a new credit card, etc.) might effect your Credit Score.  The analyzer also tells you what items in your Credit Report are effecting your score in a positive or negative way. 

This can be really helpful since you can focus your energy on doing the right actions - these actions can make a big difference in your Credit Score.

Equifax Gold is also free for the first 30 days, so you really have nothing to lose if you don't like the service.  (You can still keep your Free Credit Report and FICO Credit Score - if you cancel within the free time period of course!)  We really believe that this is the most important tool you need to have to increase your Credit Score. 

Remember, checking your own Credit Report has no effect on either your Credit Report or your Credit Scores.

You can also get your Credit Report free once a year from the Credit Agencies / Government, however we really DON'T recommend it.  Why? Find out by reading the   Credit Report Guide.

FICO Credit Scores vs. Credit Scores

Many people confuse official "FICO Credit Scores" with "Credit Scores" that are usually advertised.  The big difference between the two is that only Equifax.com and MyFico.com can provide you (as a consumer) with the real FICO Credit  Scores that 90% of all lenders use.  If you sign up for any other Credit Report Service, you will be provided a "Credit Score", however, this "Credit Score" may or may not be close to your actual FICO scores. For this reason, we recommend you read our Credit Report guide so you know exactly how lenders see you - and don't end up paying for "Estimated Credit Scores".

How Credit Agencies Determine Your Credit Score

The three main Credit Reporting Agencies are Experian, TransUnion, and Equifax.  Since some lenders only report to one of these three companies, you will probably have three different Credit Reports based on the different information each one has about you.

Your credit score is determined by the following estimated % breakdown:

• 35% Payment history

• 30% Outstanding debt

• 15% Length of your credit history

• 10% Recent inquiries on your credit report

• 10% Types of credit in use

Below is a table showing a sampling of possible different score ranges and how they can affect a mortgage payment:

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Once you've received your credit report, look at the percentage breakdown above and focus on the things that will help you increase your Credit Scores such as payment history, negative items, and outstanding debt.  

Some lenders will look at the scores from all three reports, while some might only look at one.  Remember, you don't lose any Credit Score points for checking your own Credit Report. 

You will lose some points if there a number of credit inquiries over time for applications such credit cards, auto loans, department store credit cards, etc. that you have initiated.  Think about this next time you get an offer for 10% off your purchase just for signing up for a store credit card, and just say no!

You should never apply for credit if you are not very confident that you will get approved. You might save $20 now, but you could lose much more than that later due to a lower credit score.  Plus if you forget to make payments, it will really negatively effect your credit, and you might be charged late fees, etc.  Store cards usually carry the highest fees and interest.  If you need a credit card, we  recommend getting the Orchard Bank Credit Card because they will offer you a credit card based on your exact credit score.

Also, if you are shopping for a car or mortgage, try and keep all the inquiries to within two weeks since credit scoring companies will only treat all these as one "inquiry" on your credit report, instead of multiple inquiries.

Another key thing to remember is your Credit Score is not based on how "clean" your Credit Report looks.  You may have many things on your credit report that drag on for years, but remember these are good things since they show credit a long credit history.  As long as they don't show late payments, they are adding points to your score - because you have proven to be a reliable consumer who can pay back debts in a timely matter.  (Lenders are really looking for these types of people, consumers who take on debt and then pay it back on time.)  Only focus on that are negative and recent (within the last 3 years) first.

Don't bother contacting these old vendors and trying to close accounts since it might actually hurt your score!  The items you are very interested in are late payments, judgments, delinquencies, etc.

You can close accounts that are less than a year old, however I recommend focusing your energy on things that can really make a big difference.  If you have negative information that is over 7 years old on your Credit Report, go ahead and dispute it since most of these items can be legally removed.  (More on disputing Credit Report items later)

Hiring a Professional Credit Repair Agency?

If you are thinking of hiring a professional Credit Repair Agency, I recommend getting your Credit Report first, and then seeing how much work you need to do.  If your score is low because of high debt levels, using a credit repair agency is not a good idea since they can't help you pay back your debts.

However, if your Credit Score is low because of late payments, derogatory (negative) items, etc. then instead of doing the work yourself of trying to remove these negative items, you may want to hire a Credit Repair Agency to do the work for you.  Credit Repair Agencies do the leg work for you -  It's like mowing the lawn, you can either do the work yourself or pay a landscaper to do it for you to save you the time and hassle.  

If you do decide to use a Credit Repair Agency, I recommend using The Lexington Law Firm.  The Credit Repair business has received a bad reputation, so you need to be careful about who you use.  The Lexington Law Firm has been around since 1991, has over 300,000 satisfied clients, and they are the industry leader in this field.  Their fees are very reasonable ($39/Month), and again will pay for themselves many times back once they have raised your Credit Score.  If you are thinking about using a Professional Credit Repair agency to help you, (remember, it's legal to repair your credit and The Lexington Law Firm uses only legal methods) you should consider using The Lexington Law Firm because of their great reputation in getting results.  They also offer a money back guarantee, which most credit repair firms don't.

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Internet E-Books and Repairing Credit Yourself

A word of caution: There are many Internet sites that charge you a small fortune for a book or even software that will tell you "secret" ways to increase your Credit Score.  What you need to understand is that they mostly contain the same information - they all recommend disputing negative items and removing debt.  Some of these sites will even tell you do things that might be illegal.  Whatever they tell you, it involves persistent work dealing with the three Credit agencies, collection agencies, and other parties.  There is no easy, secret way that many of these companies promise.  That is why we recommend using Credit Repair Firms to do this work for you if you don't have the time.

However, some of these books contain very detailed information on helping your credit situation.  If, after reading our free tips page, you think you might need more detailed help in increasing your Credit Score (sample dispute letters, detailed disputing strategies, how to deal with creditors and collection agencies, some very non-conventional ways of getting credit, etc.) some of these books can be very valuable if you don't want to pay for professional Credit Repair Service - because you do the Credit Repair work yourself.

If you do decide to go at it yourself, we have compared a number of these E-books and really think the Credit Secrets Bible gives you the best bang for your buck.  Most of the other E-Books are somewhat helpful, however the Credit Secrets Bible gives you most usable content for the price.

 Increasing your credit limits and creating credit history

If you notice above, 30% of your credit score is based on outstanding debt.  To understand how this works, look at this example:  If you have 10K in debt with a 15K credit limit, your ration is 2/3 or 67%.  (Find out your exact Credit Ratio by using one of our recommended Credit Report vendors)

However, if you increase your credit limit or pay down your 10K, you will lower your ratio 50% or less, which will help your Credit Score right away.  However, if you already have a low Credit Score, it may be very hard for you to increase your credit limit by getting new credit cards. 

More Credit Score Tips - How to Dispute Items on Your Credit Report Yourself

The first thing you need to do is to make sure everything on your credit report is correct.  Go through your report with a pen, and mark things you think are inaccurate or incorrect first.  If you see something inaccurate, make sure you dispute it with the Credit Agency.  (More on this below) You can dispute it by way of phone, letter, online or via email.  If you have negative items on your credit report that are older than 7 years, go ahead and dispute them since they should be removed.  There is no law that says things have to stay on your Credit Report for any length of time!  Remember, the big credit agencies are either public or private corporations, not government entities - and you have the legal right to dispute information that may be incorrect on your Credit Report.

How to Dispute Items

I recommend using a hand written letter to dispute incorrect items with Credit Agencies.  I have supplied a sample Credit Dispute PDF form here that you can use for free.  Make sure you mail the form via regular US mail and note the date it was mailed, however don't force the agency to sign for the letter using registered mail.  If you are going to use a letter dispute form, again make sure you use your own handwriting - because it lets the Credit Agency know that the letter is a real dispute letter and not just a computer generated form letter.  This technique usually works the best - the less professional the letter, the better!

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How Credit Disputes Work With Credit Agencies

By law, the creditor (vendor) must prove the accuracy of what you are disputing within 30 days. If they don't, the item is simply removed from your Credit Report. If you have additional evidence, then submit the evidence with the dispute form and they will have to remove the inaccurate data within 30 days or prove that it's accurate. 

Even it you don't remember if it's 100% accurate, dispute it anyway since the creditor will have to prove that the information is accurate.  Many times they can't do this since they might have lost the records, don't have the time to deal with it, etc.  A good time to dispute is around any holiday or busy time, where the vendor may not have the time to respond to inquiries because they are busy selling new items, not worried about debts from many years ago.

How to Remove Negative Items

The Credit Secrets Bible gives a wealth of information on how to remove negative items from your Credit Report, including sample letters you can use.  An approach I have used to remove late pays (30, 60, 90, etc.) is to mail a letter explaining why I was late, and asking the creditor for their "goodwill" to remove it.  This usually works well if you have a current relationship with the company, for example a current credit card.  (another reason not to cancel old cards!)

Negotiating with Creditors and Collection Agencies

Our negotiating advice is to offer to pay 40% of your debt and negotiate upwards from there, however only if they remove you bad credit history off your Credit Report. (Not just have it marked "Paid", very important!)  Make sure you get this in writing.  Most agencies will take the opportunity to collect the bad debt and happily remove the bad credit history from your report, instantly helping you to increase your Credit Score.  Also, I recommend paying these agencies with a money order, and using a return receipt.

For example, settling a $2,000 debt for $1,000 and having the agency remove the bad credit history on your account will dramatically increase your Credit Score, and will be well worth it since you will be saving much more money on future interest costs with the higher Credit Score.  Negotiate hard with these agencies, but remember your goal is to get the bad credit history removed from your report, and again remember to get everything in writing.  Removing these items will dramatically increase your credit score since derogatory items are weighed heavily in your Credit Score calculation.  Again, for more help in this area you may want to look at some really good advice from The Credit Secrets Bible.

Note:  If you have already paid off these derogatory items, sometimes disputing it with the agency or original creditor again may work since it will be their burden to prove the bad credit history, and they usually wont bother disputing it since it's already been paid off and it's even more work for them.  However, I really recommend taking care of the issue before you pay off the debt, when you have the most negotiating leverage.  (before you pay them back a cent!)

Other Ways to Boost Your Credit Score

• Do you need credit history or higher credit limits?  I recommend applying for the Orchard Bank Credit Card because they will take your information and offer you a credit card that best fits your credit history - Remember, the  higher credit limits you have, the better your Credit Score will be in most circumstances.

• If your credit needs some quick boosting, and you have extra cash, pay down as much of your debt as possible. The lower your ratio of current debt to available credit limits the better you look to a lender, and the higher your credit score will be.  The flip side of this is to call existing credit card accounts you may have and ask them to increase your limit, though you won't actually use it.  You should do this as often as possible, even if you don't need the credit. This will also increase your credit score. Note: Do not open additional credit card accounts to increase this ratio, since that may hurt your credit unless you have under 4 open credit cards. But increased credit limits on existing accounts will help since you will be lower your overall debt ratio.  See the next example for how this works:

• Cancel some cards if you have too many, but if you are carrying debt try to  keep the ratio of debt to available credit limits at around 20%, with about four cards for the best Credit Score.  Don't cancel cards if it will put you below this ratio, and if you have to cancel cards make sure you only cancel ones with less than one year of history with.  Do not cancel cards that are older then one year, remember your Credit Score does not get points for being clean of old accounts!  Focus on doing the right things in order to increase your score, not cleaning up your report of old accounts.  Cleaning up may actually have a negative impact on your Credit Score, yet most people do this first!

• Another great way of helping your score is by spreading your debt to different cards.  Although you may pay more interest, your Credit Score will improve since not all your debt will be on one card that is close to it's credit limit.  For example, if you have 20K limit on one card with 18K of debt, and have another card with a 15K limit with 2K of debt, its better to move 8K of debt from the higher card to the lower card.  By doing this you will lower your ratio of debt to available credit on the one card, helping your Credit Score even though you haven't really paid anything down!

• Pay your bills on time by having them automatically deducted from your bank account or paid online before they are due.  Being consistently late with payments is the easiest way to lower your score, and also the easiest way to keep your credit improving month after month - just pay your credit card bills on time or early! Even if you can only swing the minimum payment, get the payment there before the due date. Most credit card companies allow you to pay online, so make sure you take advantage of this and don't waste time and money on stamps and mailings.  Keep the amount of credit cards you have to a minimum, so you don't forget to pay them.  (No store charge cards!)  Remember, only apply for cards that you really think you will get approved for.

• Use Credit Cards for everyday purchases, then pay your credit cards in full monthly.  Charge as much of your monthly bills as possible on your credit cards, then pay them off every month.  If you happen to use a debit card, these transactions do not usually appear on Credit Reports.  By using Credit Cards, you help build credit history and this helps increase your Credit Score.  Remember, if you are carrying a balance on any credit card, do NOT use it for everyday purchases since you will be paying interest from the first second you buy something new on that card.  If you are not carrying a balance, the credit card company will not charge you any interest as long as you pay it back in full every month.  This is a key point to remember!  Only do the above if you have the self-discipline to pay back your credit card every month.  Again, if are carrying a balance, do not charge anything on the credit card that has a balance!

• If you have no debt and have had no credit history within two years, go get some!  Even though you don't need to fix your Credit Score, you do need to create some credit history. This may sound strange to take on debt, but it works very well since it shows you can borrow and pay back large amounts of cash. Begin responsibly using a credit card for as much as possible and pay it back in full every month, or you can even leave a little bit of debt on it. (less than 30% of the limit).  Or take out one of those promotional low % point loans from one of your credit cards for up to 50% of your credit limit, put the cash into an account, and pay it back slowly (but before the special interest rate expires -- and don't spend it!).  You will notice your scores dramatically improve after you have paid back the debt since you have now created good credit history.  Remember, it's never too late to start building your credit and since it takes time, take the right steps today.

• By looking at your credit report, find out how often and when your lenders report.  By timing your payments to right before they report to the credit agency, you will be able to show less debt and thus have a higher score!  Again, this is why it's important to get your Credit Report to learn what is out there so you can find out what and when things are being reported.  Even though you may have the same debt, by timing payments you can increase your score since your debt will appear in the best possible light for that time of the month.

• If you have a very low Credit Score and need help rebuilding your credit, you might want to try this method of creating positive credit history.  First, go to your local bank and setup a savings account for $1000 for example (the more money you use, the better). Then, ask for a secured loan for $1,000 against the deposit.  Most banks will give this to you since they have no risk, if you don't pay them back they simply take the $1000 you deposited.  You can then go to another bank, and do the same thing with the $1000.  (I don't recommend doing this with more than two banks!)  Then pay back the loans, deposit more money, and take out another loan and keep paying it back.  By doing this, you will be creating recent, positive credit history since the banks will report to credit agencies that you paid back your loans within a short amount of time.  Another benefit is that you will not be out any real money, and your only cost will be the interest on the money which should be minimal compared to the positive credit history you are creating.

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One More Great Tip:

If you have a partner/spouse, relative, or even a friend with great credit history, have them add you to their credit card.  This works very well since you will get credit for their payment of bills, and this will create more positive credit history for you.  You don't even have to have them give you the credit card, as long as they charge one item onto the card in your name you will be get positive credit history from them.  Again, anybody can add you to their credit card as an authorized user, and you get positive credit history added for their good credit.  The only thing to keep in mind is that the credit card issuer should ask for your social security number before issuing the card or you will not get any positive benefit from them.  Recently Credit Agencies have said they plan on not allowing this technique to work anymore, however they won't implement this change until late 2008, so it still works for now.

A Quick Word of Advice on Credit Cards

I won't spend a lot of time on this topic, since there is plenty of information on credit cards all over the internet.  However, I recommend the following credit card to help either build or restore credit:

I recommend applying for the Orchard Bank Credit Card to help create good credit history.  The card was designed for people with low Credit Scores or no credit history, and when you apply for this card they will automatically find the best credit card that fits your current Credit Scores.  The Orchard Bank Credit Card is now part of HSBC, one of the largest banks in the world.  The Orchard Bank Credit Card  also reports monthly to all three credit agencies, which may help increase your Credit Scores (as long as you pay your bills on time with them!).  You should try and have at least three credit lines open with credit limits for good Credit Scores.

Many other Bad or No Credit Card offers charge very high fees, so make sure you always read the fine print carefully before signing up for anything.  Some of these credit cards are so tricky in their fees that you are bound to make a mistake (miss a payment, etc.) and they can end up actually hurting your Credit Score!  Some of these bad Credit Score credit cards don't send you statements, and then charge you a fortune for not paying them on time!  Be very careful with these cards, and always read the fine print, not the big print marketing.

Summary of Raising Your Credit Score Steps:

1.  Get your Credit Reports and Scores (I recommend using Equifax Gold Credit Monitoring)

2.  Using information from your Credit Report, analyze why your Credit Scores are low.  Is it because of high debt levels, derogatory items, or a mixture of both?

3.  Use the tips on this page fix issues related to high debt levels or minor issues related to incorrect data on your Credit Report.

4.  For more help with Derogatory items on your Credit Report you will have to choose between:

• Doing the work yourself - I recommend using the Credit Secrets Bible for advanced techniques, negotiating with creditors, and plenty of sample dispute letters you can use that have worked for others in the past.

• Hire an outside company to help you - I recommend Using The Lexington Law Firm because of their excellent  track record of getting Credit Report items removed and their money back guarantee.

5. Do you have high debt levels (over 5K in debt)?  I recommend CareOne Credit because with one short form they will quickly contact you to see if they can get you out of debt faster.  CareOne Credit can negotiate your debt with your creditors and help you lower your payments.  The short form is free, you having nothing to lose if they can't save you money.

6.  Do you have at least three open credit lines?  If not, I recommend applying for the Orchard Bank Credit Card  because they will offer you a credit card instantly that best fits your credit history, even if you have a low Credit Score.  Also, the Orchard Bank Credit Card reports your credit history with the credit card to all three credit agencies, this will also help you rebuild your credit. (As long as you pay it on time of course!)

7.  Monitor how your scores are changing monthly with your actions.

8.  Make sure you fully understand your past credit mistakes. Also, make sure you use our tips to keep your Credit Score high in the future.

It is estimated that on a new car purchase for $20,000, the difference in payments between a person with good credit and bad credit is almost $10,000 over the course of five years. This number gets much bigger if you are looking for a mortgage since you are paying very high interest over five to 30 years. You should do everything you can to increase your credit score and remember to check it before making a big purchase (house, car) so you can minimize your interest costs.

There are better things in life to spend your money on than high interest costs!

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