What makes your credit scores go up, and how often do they item to the credit bureau?
Answers:
Best way to get and keep a high FICO score is to pay your bills on time, and keep your credit cards below 40% (if you have a thousand dollar limit keep i below $400) . Most places report every 30 days. Just a word of warning the worst credit card company is Capital one, they report your limit as not what the card limit is but what your balance is thus reducing your score
paying bills on time. long accounts with creditors (years.) High amounts of credit with low to no amounts owed. It depends on the co. how long it will take to be reported on your credit.
You have to have debt and show a good payment record on that debt. Plus a reasonable debt to income ratio.
Great income and no debt can give you a lower score.
Most of all of the national banks and creditors report every 30 days, usually between the 5th and the 20th. If you call and ask they will tell you about half of the time.
Having a good credit rating, helps a consumer get a loan or credit at better rates and for larger amounts.To know "How to improve credit rating, credit score" plz follow link-
http://www.acreditlibrary.com/improvecre...
Is hard to stay.. It can go up 3 monts to a year, if u pay your bills on time..
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