Page 6 - How I went from 510 to 720 credit score in one year
P. 6

Another way to approach that is to make sure you

               pay off your credit card by the end of each day you


               use it. This is a tip my grandfather told me and It's

               how he's been able to hold an 850 credit score


               consistently for years.



               This is a great way to make sure your debt doesn’t

               overcome you if you aren't confident you'll be able


               to pay it all off at the end of the month.


               Another thing I do (which goes against most gurus


               advice) I ONLY use my credit cards to purchase


               things. Why? Banks love to see lots of activity on

               your credit cards and you paying it off entirely each


               month.



               If you play the safe route, by hardly using it, lenders

               won't see how truly responsible you are with


               money. If I can max out my ENTIRE card each

               month, but pay it off entirely before the end of the


               month, they'll feel a bit more confident that I can


               pay off large amounts of debt no problem.


               Getting a short term payday loan or high


               interest/no credit check loan. I know what you are
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