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Credit scores look at all the typical things. Do you have any credit accounts? You gotta have credit to have a credit score. How long have you had credit? What is your credit history like? Do you pay on-time or do you have significant delinquencies and defaults? A credit report is, in the simplest of terms, a history of how you have managed debt in the past. If that history is positive you will have a high score. If you have a history of not managing debt well, your score will reflect that. Aside from the simplicities, there are tips and tricks to help raise scores. But those won't work if you don't understand and practice the basics; namely, to borrow, then pay back, on time.

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โˆ™ 2005-11-08 16:01:48
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Q: What makes your credit score go up?
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Related questions

How long does it take for credit score to go up in rating after paying off debt?

How long does it take for credit score to go up in rating after paying off debt?

How many points will your credit score go up when you pay off a mortgage?

That totally depends on what your credit score is to start with.

What does a credit score measure?

A credit score is a measurement of factors in your credit history. It is a general score of how well you can manage and repay your debts. Although there are several different scoring standards, your payment history makes up a significant portion of your score.

Does your credit score go up if you sell a house?


How long does it take the credit score to go back up after receiving a credit report?


What factors would make your credit score change?

Your payment history makes up 35 percent of your 3 digit fico score. Your debt to income ratio makes up 30 percent of your fico score. 15 percent is based on length of credit history. 10 percent is based on new credit and the other 10 percent is based on the types of credit used.

Will your credit score go up when a bankruptcy comes off?

Yes, a Bankruptcy is one of the most damaging accounts which can show up on a credit report. The good news is that after 2 years, the account doesn't impact your credit score as much. Once it is deleted, your credit score is improved.

Does closing cards yourself affect credit score?

Yes, closing old accounts negatively impacts your credit score because it shortens your length of history which makes up 15% of your credit score. Keep you old credit cards open, even if you don't use them.

How do they come up with my credit score?

Payment history is the biggest piece of the pie that makes up your credit score. On the same angle, the amount of money you owe makes up the 2nd largest margain of your credit score. Length of credit history, new credit and types of credit used finalize the score with the other 2 mentioned. Credit scores are generated by plugging the data from your credit report into software that analyzes it and cranks out a number. The three major credit reporting agencies don't necessarily use the same scoring software, so don't be surprised if you discover that the credit scores they generate for you are different.

Is a credit score of 711 good?

I have a credit score of 711 but limited credit history, which means not much experience so I'll need to build up credit. 711 is on the good range but you should also remember to maintain it or build it up. You wouldn't want your score to go down.

When a collection account is deleted from your credit report does it initially lower your score?

When I had a collection deleted from my credit it made my score go up. It will take several weeks.

Can I get a free 3 in 1 credit score online?

You can go to to get a 2010 credit report and credit score. This is free but you have to sign up for the trial. You can then cancel the trial before it is over and you will not have to pay anything. You can also go to

If you pay a collections account in full and have no credit cards or other debts how soon can your score go up?

paying off bad credit will take about 60 days to have an effect on your credit score. But, if you don't have any credit cards you will never have a good credit score because no one is giving you credit.

If you file for bankruptcy and it is dismissed will credit score go down?

More than likely if you file for bankruptcy your credit score will go down. They report the filings for up to seven years and sometimes ten.

How can you clean up your credit score?

How to clean up your credit report

What is the maximum credit score one can obtain?

According to the FICO the highest possible credit score you can obtain is 850, but if you use another credit scoring formula Vantage Score the credit rating can go all the way up to 990. FICO is the mostly widely used

How many points will your credit score go up if you pay off credit card balances?

credit scores are not likely to go up simply by paying your balances. But it will help your ratio when your credit is pulled. I do know that scores go down with late payments, credit checks, bankruptcy,

After an unpaid medical bill is removed from your credit report in 7 years does your credit score go back up?


How many points will your score go up by paying off credit card?


How many points will your credit score jump after bankruptcy comes off?

How many points your credit score will go up after bankruptcy comes off, will depend on where it was beforehand. Your credit score may improve drastically into the 600's, or it may still be low.

Does your credit score drop at a certain age?

credit score is not based on age but how you handle your credit....handling your credit well and your score goes up.....handle your credit bad, as in having a lot of debt and not paying on time brings your score down.

Will your credit score go up if you pay your Chapter 13 off early and if so how much of a boost can you expect to see?

Have you heard of perfectcreditsolution,us ? They are the most reliable credit repair platform out there . You can visit them and check for yourself . They are reputable and have a track record of having to repair over 2000 credit profiles in this year 20201 alone . They will clear your credit debts , late payments , bankruptcy and all in all fix your credit score and help you maintain the excellent score they get for you . I have been using their service and my credit score has never fallen below 801

How could one build their credit score up?

There are a number of ways that an individual can build their credit score. Typically, an individual would build up their credit score by paying off credit cards on time and by not missing any payments.

How can a person with no credit get credit?

A good way to build credit, is to apply for one of those secured credit cards, you will have to put some money on there at first, but eventually your limit will go above what you have secured, and your credit score will go up.

Where can I find an instant credit score online?

Credit store dot com is a site that will provide you with your instant credit score. But doing so opens you up to a lot of risk. A safer method is to go into a local bank and have them do it for you.