Improving your credit health is only possible with honesty and good financial management. A critical eye towards your credit and how much you can financially manage given your income and debts will allow you to manage your finances more efficiently

1. Five ways to enhance your credit score
Improving your credit health is only possible with honesty and good
financialmanagement. A critical eye towards your credit and how much you can
financially manage given your income and debts will allow you to manage your finances
more efficiently. Understanding what’s in your credit report and how your credit score
was computed will boost your rating and keep your report free from any information that
may cause your scores to get pulled down.
Here are some guidelines that will allow you to improve your credit score.
1. Free credit report from Equifax, Experian and TransUnion
Your free copy of your credit file is a document that houses all your credit related
information. Read and understand them carefully to make sure that the
information is right and free from errors. Individuals should conduct a credit
check to understand the aspects that are responsible for lowering your grades.
Outstanding bills and judgments against you are hindrances for having good
scores.You should try to avoid such problems. Any mistake on credit statement
should be immediately reported in writing.
2. On time payments essential for uplifting your credit score
Making payments on time and missing deadlines can influence 35 percent of your
score. You can repair your credit by ensuring that you pay minimum payment dues, if
you are not able to pay in full.
3. Expedite settlement of yourdebts
Negative remarks on your file are likely the reason that makes you sway from one
lender to another. To eliminate those remarksfrom your file, it is important that
you should start paying attentiontodebts such as credit cards and other borrowing
methods.Your effective management of debts will take offeliminatebad remarks
from your credit statement and will alsolowerthe credit utilization and percentage
of the available credit.
4. Do not delete the accounts
It is vital that you must not end the accounts which are paid off. You will reduce the
available credit amount and this will also boost the utilization rate. It also leavesa bad
impact on your score.
5. Regular credit check of the file
This is also a way of making you well versed with the changes that take place in your
credit details.The updates in the file are also responsible forfluctuations in your credit

2. score. Contrary to popular belief, it is not something that you can do once a year. It is
essential that you are able to instill the habit of routinely doing this by signing up with
one of the services online offering unlimited access to the report and also free credit
scores.