Having a good credit score is essential for approval of any loans and credits. You should know the factors that are considered in calculating your credit score and keep on finding ways to improve those factors. First get a copy of your credit report and check it for the errors. Make sure that you pay your bills on time. If you are having a short credit history, then avoid opening new accounts in a short period.
When you shop for credits make sure they are of short period. This will enable you to complete that quickly and improve your credit score. If any of your credit history is in problem, then you could open up some other accounts and make sure that you are using that new account sensibly and pay off of them on time. If you are not going to use any account then do not open it. you credit score will be improved if you pay off the loans on time. If you balance is kept around 25% of your credit limit then your credit score will be high. So keep the balance to the minimum as possible when compared to your credit limit. Do not keep switching to lower rate cards, instead pay off the debts.
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