Submitted by sweetums on Sat, 11/13/2010 - 16:18

Improving your credit score takes time and effort and will only work if you are determined to make it happen.

Sally Nachelle (not verified)

Yes, this is correct. Credit score is a numerical expression of the credit report. When you want to get a loan, your lender will first check your credit score. If they find your credit score is low, they may not agree to give you the loan. That is why you need to have a good credit score. If you want to improve your credit score, you need to payoff your debt on time. Late payment affects 35% on credit score. Your credit score will improve gradually after you start making payments on time.

Fri, 06/03/2011 - 11:48 Permalink

If any agency looks at your credit (CA's, banks, etc) looks at your credit, your credit score will drop a few points. Sometimes CA's will look at it every month (which makes your credit score drop even more). Just keep track of your credit report. If you think there are errors on it, you can 'dispute' these items with the CB's.

Sun, 06/05/2011 - 10:10 Permalink