By [http://ezinearticles.com/?expert=Shirley_Muhammad]Shirley Muhammad
If you have run into a financial problem of some sort and ended up lowering your credit score, there are some steps that you can take in order to build it up quickly. Not only can you build it up, you may actually be able to take it to a new high if you follow all the right steps. Here are some of the first steps that you need to take.
The first thing that you need to do is to make sure that you are not late on any payments from this day forward. Once a payment is 30 days late, it will drop your credit substantially or will keep it low if it has already dropped. Do whatever is necessary to make sure that your payments are on time.
Don't pull your credit score more than once per quarter. Every time you pull your credit, it lowers it slightly and if you are pulling it on a regular basis, you can actually keep the scores low. This is also the case if you are shopping for a house or a car. Do not give out your Social Security number to these individuals if you are just shopping or they will pull your credit, perhaps multiple times and you will end up lowering your score.
Finally, get rid of some of your credit cards that have already paid off. Too many open lines of credit, even if they do not carry a balance can negatively affect your score. After you pay a credit card off, cut it up and consider calling the company to cancel it. Do not close all your accounts though. Keep open a few necessary lines to keep your credit established, especially the ones that have a credit history over 24 months.
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Article Source: http://EzineArticles.com/?expert=Shirley_Muhammad http://EzineArticles.com/?How-to-Build-up-Your-Credit-Quickly&id=1124540
If you have run into a financial problem of some sort and ended up lowering your credit score, there are some steps that you can take in order to build it up quickly. Not only can you build it up, you may actually be able to take it to a new high if you follow all the right steps. Here are some of the first steps that you need to take.
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