There is no one thing that will always improve your score. In general, there are several things you can do to increase or maintain your score.

  • Pay your bills on time - This is the single most important factor tied to having a good score.

  • Establish a credit history - Having a few debts is good, it shows that you can responsibly pay for items. Keeping those accounts open for many years also helps 'age' your report. Having an established credit history for 5 years is better than only having credit for 5 months.

  • Don't take on too much debt - The more debt you owe the higher risk you are to future creditors. Don't spread yourself too thin.

 

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