How Do You Achieve a High Credit Score?


Quick Answer

Achieving a high FICO credit score is done by correcting errors on a credit report, not using credit cards more than necessary, keeping an eye on credit scores and paying bills on time, according to U.S. News & World Report. Consumers should also limit the number of hard inquiries made on their credit and realize that improving their credit scores takes time.

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Full Answer

Consumers should know their credit scores can differ from scoring model to scoring model, notes U.S. News & World Report. A high score for one model may not translate to an equally high score for another model. Credit scores also change over time because they are in a state of flux and because repeating the steps used to attain a high score at one point may not work when repeated later.

Mistakes and errors on a credit report can lower a person's credit score, making it necessary for him to attain a free credit report to ensure all information on it is accurate, according to U.S. News & World Report. It's also good to only use 1 to 20 percent of total credit limits. Doing this shows that an individual knows how to use credit responsibly and that he doesn't depend on his credit to meet financial obligations.

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