How To Add 50 to 100 Points To Your Credit Scores

Your credit score is one of the most important numbers in your financial life. It is a measure of your creditworthiness, and is used by lenders to determine whether to approve your loan application. A good credit score can help you get lower interest rates, which can save you thousands of dollars. If your credit score is not where you want it to be, don’t worry; there are several things you can do to improve it. In this blog, we will discuss some simple steps that you can take to add 50 to 100 points to your credit score.

Check your credit report for errors

The first step in improving your credit score is to check your credit report for errors. According to the Federal Trade Commission, one in five Americans has an error on their credit report that could negatively impact their credit score. Review your report carefully, and dispute any errors that you find. You can get a free copy of your credit report from each of the three major credit reporting agencies (Equifax, Experian, and TransUnion) once a year at

Pay your bills on time

Your payment history is the most important factor in determining your credit score. Late payments can stay on your credit report for up to seven years and can have a significant negative impact on your score. Make sure you pay all of your bills on time. Including credit card bills, mortgage payments, and utility bills. Set up automatic payments or reminders to help you stay on track.

Reduce your credit utilization

Your credit utilization ratio is the amount of credit you are using compared to your credit limit. If you are using a high percentage of your available credit, it can indicate that you are relying too much on credit and may be a risk to lenders. Aim to keep your credit utilization below 30%. For example, if you have a credit limit of $10,000, try to keep your balance below $3,000.

Keep old credit accounts open

The length of your credit history is another important factor in your credit score. If you close old credit accounts, it can shorten your credit history and negatively impact your score. Keep your oldest credit accounts open, even if you are not using them.

Limit new credit applications

Every time you apply for credit, it can have a negative impact on your credit score. Each application can result in a hard inquiry on your credit report, which can stay on your report for up to two years. Limit your new credit applications and only apply for credit when you need it.

In conclusion, improving your credit score takes time and effort, but it is worth it. By following these simple steps, you can add 50 to 100 points to your credit score and improve your creditworthiness. Remember to check your credit report regularly, pay your bills on time, reduce your credit utilization, keep old credit accounts open, and limit new credit applications. With patience and diligence, you can achieve a good credit score and enjoy the benefits that come with it.