Repair a bad credit score : tips to follow

The proper bad credit repair step depends upon what is the present situation of your credit report. At first you need to review your report for any negative information. When you bring out your credit report, you will receive the probable reasons & the things which are negatively damaging your credit score. By this way you will get the proper idea that what you need to do for your bad credit score.

Here are some common tips how to repair bad credit score.

* Try always to make your all payments in time , if you not paying your dues within time limit it will surely have a negative effect on your credit score. So, make sure to pay your bills before time & if possible pay earlier...it will make a good impression.

* Try to use a minimum no. of credit cards for your payments. If possible request your credit card provider to cancel your newly opened accounts & inform your current status to credit-reporting agencies.

* Try to avoid to be a bankrupt. If any how you filed bankruptcy , it will remain listed in your credit report for near about 10 years. The same thing happens if you got tax lien on you...it will also stays 7 years to damage your credit score.

* Ask your lenders to lower your credit limit, by this means you can budget your monthly expenditure.

* Try to use your crdit card lightly...don't get high amount piled up against your card....if possible make your credit 30% less than your monthly credit limit.

* Use your old credit cards more than new one's...because older cards will give you much heavy positive effect than new cards...it doesn't mean that you can't use new cards, but it is advised that make lesser amount of credit by those new cards & use old cards to pay a higher amount.

You should concentrate on repairing your bad credit score through a positive payment history and demonstrating how you can manage your credit.