I'm on a quest for a 700 credit score, so my wife and I can get into a home.
I started with a credit score of 588 and now my credit score is 680.
These are the 5 factors that make up your credit score:
Payment History = 35% Debt to Credit Ratio = 30% Length of Credit History = 15% Types of Credit = 10% Inquiries = 10%
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This is what I did to work on all 5 areas and improve my credit score.
Payment History 35%
I hired Lexington Law Firm to remove my negative items on my credit report. You can do this yourself, but I'm happy I hired Lexington. They did a great job.
Debt To Credit Ratio 30%
I have been on a budget and been paying down my credit cards. I have also increased the limit on a couple of cards when my score was high enough to apply.
Credit History Length 15%
I became an authorized user on some of my wife's good credit accounts. This increased my credit history length.
Types of Credit 10%
I got on some of my wife's merchant store cards to give me a some more variety in my credit.
Inquires 10%
I hadLexington Law Firmchange some of inquires from hard to soft so they wouldn't affect my credit score anymore.