Hello, I'm 20 years old and I was wondering what I can do to improve my credit. I don't have any negative items on my report, and I make $33k
Answers | 2
Make your payments on time.
Keep your debt to income ratio low.
Your older accounts are beneficial, so if you are looking to close out a credit card or other debt, close out a newer one.
Secured debt, such as car or home loans, count higher than unsecured debt such as credit cards and other open lines of credit.
Continuing to ask for more credit lowers your score as the number of credit inquiries increase.
Bottom line: don't over extend yourself and your credit score will take care of itself.