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Experian is rolling out a new thing called Experian Boost that you link a bank account that you have automated bill payments with, and I hear it will help bump your credit exponentially rather quickly. I saw it on the news. It's not out yet, but if you go to experian.com/boost you can sign up and get an email notification as soon as the feature becomes available. I wish this was available back when I was focusing on credit building! Best luck and wishes. Its a rigorous uphill battle, but obsessive vigilance will suit you well in your endeavors! God speed.
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Tip #1 by @KhongPhuTu is wildly incorrect. I am a banker by profession and I will tell you that carrying a balance between statements is ill-advised-- Don't pay interest! However, you should wait to pay the balance in full when the statement is cut. Statement balances are what is reported, not that you carry a balance between statements.
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Raising your credit isn't just being responsible with one line of credit..although that is great to do. Opening lots of lines or at least 1 or 2 every few years and staying responsible with all of them really raises your score. Note: Don't open to many inquiries within a 2 year period, this may lower your score. Let some fall off before opening more. Let's say for credit cards..you get 5 or 6 over the course of many years and only spending at least one third or less of your limit and paying them off monthly on the due date. That's a good view and managing your money and you are establishing credit. You can also establish credit by taking out loans, such as a car lease or a mortgage. With these larger debts you want to be be sure you are on time or early with all your payments. Paying of any debt is also a great way to raise your score. Establishing credit takes time, hang in there!
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