We often get asked,
We often get asked, what are the 2 most important things I can do to improve my credit score? First, pay your bills on-time. That’s the easiest and most concrete portion of your score. If all of your bills are paid on time, then you get full credit for 35% of your total credit score.
Once you have ensured that you are making payments on time, then the next biggest thing you can do is to watch your outstanding balances versus your credit limits. To get the best score possible, you have to keep those balances at 30% of the limit or less. If you cannot get them down to 30% of the limit, however, don’t worry, you get nearly just as much benefit from simply keeping below the 50% mark