How to Increase Score

[Anonymous]

I've paid my bill ontime for the past year and my score has only increased by 15 points, from 585 to 600.  I don' know how to make my score go up.  By reading these fourms I see people suggest to get credit cards in order for your score to go up, but i don't want the burden of paying an extra bill i don't really need.  Please give me some advice on how tio make my score go up. 

[SCF]

Hi Jigga,

I would reccomend starting with the Frequently Request Threads, especially Credit Scoring 101.  Once you've read over those, maybe you could post some more information about your credit profile.  How many accounts do you have?  What types? What are the balances?  What negative information do you have on your credit report?

Once we have that information, we can give you some specific advice about what steps you might take to improve your score.

To answer your other question, sometimes adding CCs to your profile can improve your score.  If you do this, it is highly reccomended to make a small purchase each month, then pay it off in full so you do not pay any interest, but you still show usage on the card.

Good luck!