How to fix credit and raise credit score?

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I'm trying to fix my credit and raise my credit score what are the steps to do that. I read that if you have any debt on your credit report over 2yrs. do not pay it because it lowers your credit score. Is this true.




  1. Avoid Some Common Mistakes
    Review your all credit reports from all possible credit bureaus for accuracy once a
    year as well as several months before applying for a loan. Try to get your credit report from the three major bureaus: Experian, Trans Union and Equifax.

    Pay bills on time
    Your payment history makes a major percentage of your total credit score.
    Paying your bills on time is the best way to get your credit score raised.

    Try to reduce Credit Card Balance
    Always try to reduce your credit card balance.

    Keep the old account Active
    Closing your old accounts can hamper your credit history and it makes you less credit worthy.

    Avoid Bankruptcy
    Bankruptcy will lower your credit score by 200 points or more and is very hard to come back to initial score.

    You may get more information from

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