How to raise my credit score towards 750?

 

How to raise my credit score towards 750?

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Bad Credit Score can be improved/ rebuild even without Credit Cards. Primarily you need to repair your credit history before you see your Credit Score improvement.

The following factors are to be considered in case to improve your Credit Score:-

1.Make all overdue

It is extremely important to pay your bills on time. This affects 35% of your score Pay on time, all of the time. Your credit scores can be significantly impacted with just one late payment reported to your credit file.

2.Pay down balances

If you currently have credit cards and are using more than 30% of your limit then you want to follow this portion of this guide. Pay down high balances that put you over the 30% rule. Stay under 30% and maintain a low balance as mentioned previously. This factor alone is the second biggest impact to your score at a whopping 30% of your score.

3.Pay all EMIs regularly

Use auto-pay to pay the minimum every month and your scores should continue to improve with healthy, responsible activity.

4.Monitor your credit score

It is available FREE once a year from Credit Bureaus like CIBIL, Experian, CRIF etc. Complete a thorough review of your credit report. You are legally allowed a free copy of your report from each bureau once a year. Look for inaccuracies in balances, payment history, questionable collections.

5. Consolidate Your Debt

If you have trouble keeping track of multiple accounts, consolidating could be a good option. You can consolidate multiple debts into a single installment payment. In this case, you’ll be free of multiple payments to keep track of. Plus, you’ll be working towards a higher credit score.

FundsTiger can arrange loans from almost all the banks. You can apply for an attractive offer with best possible rate of interest and terms for Personal Loan, Business Loan , Home Loan and Car Refinance Loan.

You can apply for an attractive offer with best possible Rate of Interest and Terms for Personal Loan, Business Loan, Home Loan and Car Refinance Loan.

FundsTiger is an Online Lending Marketplace where you can avail fast and easy Home, Business and Personal Loans via 40+ Banks and NBFCs at best possible rates. We will also help you to improve your Credit Score. We have dedicated Relationship Managers who assist you at every step of the process. We can also help you in Balance Transfers that will help you reduce your Interest Outgo

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