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How can I improve my credit score?

Improving your credit score takes time and consistent habits. Here are the most effective strategies:

  • Pay on time: Payment history is the most important factor (35% of your score)
  • Keep balances low: Use less than 30% of your available credit
  • Don't close old accounts: Length of credit history matters
  • Limit new applications: Too many inquiries can hurt your score
  • Monitor your report: Check for errors and dispute them if found
  • Diversify credit types: Having different types of credit can help

Remember, improving your credit score is a marathon, not a sprint. Stay consistent and patient.

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