| Many people would like to clean up their credit report. | | | | Instead, transfer your balances to other cards with |
| But it can be difficult to do if you don't know the right | | | | higher limits. Evenly distributing your balances will |
| steps. Use these 3 ways to clean up your credit rating | | | | maximize your score. Try to make sure that your |
| and get your life back in order. First, get your credit | | | | credit ratio on each card is 50% or below. |
| report. Go to and you'll receive a free copy. Look for | | | | Third, do not close your credit cards. 15% of your |
| mistakes on your report such as accounts that don't | | | | credit score is determined by how long that you've |
| belong to you as well as credit limit and balance errors. | | | | established credit. file. Credit scoring software |
| Second, check your credit limits. Carrying balances | | | | assumes people who have had credit for a longer |
| over 70% of your total limit on any card damages | | | | time are at less risk of defaulting on payments. |
| your score the most. In order to boost your score | | | | Canceling old cards will shorten this time frame and |
| without having to pay down your balances, evenly | | | | make you seem like a higher risk to lenders. |
| distribute your charge card balances among all of your | | | | Cleaning up your credit rating is something that can be |
| cards, rather than carry a large balance on one card. | | | | done with a few simple steps. But it won't fix itself! By |
| For example, if you are carrying a $9000 balance on a | | | | taking action steps, you can repair your credit report |
| card with a $10000 limit, that's a 90% credit ratio. | | | | and boost your credit score to new levels. |