There are several ways to improve your credit and to raise your credit score, but it requires considerable patience and any quick-fix effort is doomed to certain failure. There is no substitute to managing your credit responsibly over time. Following the 10 tips given here will help you raise your credit score without it being too hard for you.

Check and Double-Check Your Credit Report

To improve your credit, you should begin with your credit report. Ask for a free copy of your credit report and investigate it for errors. Find out if there are any late payments that are wrongly listed for any of your accounts. Look for any of the amounts owed that are not accurate. If you find any errors, dispute them with the credit reporting agencies.

Check Your Credit Limits

Sometimes a credit issuer will have increased your credit limit and forget to tell you about it. Ask your credit issuer for the latest information on your credit limits. Find out if your reported credit limits are accurate or lower than they actually are. You will want to avoid giving out the impression that you’re maxing out the credit card when you’re not.

Setup Payment Reminders

Making your credit payments on time is very important to your credit score. However, remembering the dates for making the payments can be hard if you have too many credit cards. There are many banks that offer payment reminders, though emails and text messages, telling you just when your payment is due. You can also opt for an automatic payment system to have the credit card payments automatically debited from your bank account.

Your Credit Utilization Ratio should be 30% or less

One of the biggest mistakes people make is to use their credit cards for making all sorts of payments. Don’t do that – use cash as much as possible, especially for routine payments at the grocery store, for example. A 10% credit utilization ratio does wonders for your credit score.
Paying Off the Credit Collection Amount Will Not Remove it from Your Credit Report
You should know that paying off a debt collection account does not mean that the information is removed from your credit report. It stays on your credit report for seven years.

Raise your credit limit

One of the things you can do is to request your creditors to increase your credit limit. However, you should do this only if you have the self-control not to increase your spending at the same time. If you end up using 70 to 80% of your credit as usual, that only makes it worse. The whole idea is to keep your credit utilization ratio at a minimum.

Don’t Open Too Many New Accounts Quickly

That’s because newer accounts lower your average account age – which is not a good thing for your credit score. That’s why it is important not to have a rapid account buildup, especially if you’re a new credit user.

Don’t Close Any Cards

Cancelling a credit card reduces the credit available to you and is never a good idea. It could also result in higher credit utilization, taking it way beyond the recommended ratio of 30%. What you should do is to use a credit card that you don’t really use all that often to pay a recurring charge such as an electric bill.

Consolidate Credit Cards from the Same Issuer

If you have multiple credit cards from the same issuer, ask them if you can consolidate the newer cards into an older one. This way, the total credit limit remains the same while the average age of your accounts improves. This helps with your credit utilization ratio as well.

Mix Up The Types Of Credit

Using different types of credit improves your credit score slightly, as long as you make the loan payment on time. You can take a small personal loan from a credit union to buy a refrigerator or TV, for example. Your credit score will improve when you keep up with the payment schedule for the loan.
Hope you find the information given here useful. It’s not that difficult to improve your credit – it just takes time and a lot of patience.