It is easy to lower your credit, whether it be with shopping sprees or having too many credit cards. Fortunately, you can take some actions to get your credit score climbing in the right direction.

Credit Card

If you are unable to get an unsecured credit card due to your low credit rating, consider a secured card to help reestablish your rating. Most likely, a secured credit card will be easy for you to get, but you have to fund the credit account before you purchase so the bank knows that you won’t miss any payments. Responsible use of any credit card can help your credit rating. However, never forget that irresponsible use will get you in trouble every time.

If you have a card that carries a balance of over 50% of the limit, you should pay it down to below 50%. If you let your balances get too high, your credit rating will drop significantly. You can either spread your debt out by transferring some of the balance to low interest cards, or better yet, pay off as much as you can.

Any company or credit counselor that claims they can erase all negative reports from your credit history should be viewed with some skepticism. All information remains on your credit report for a period of seven years or more. Incorrect information may be erased though.

You can work with the credit card companies to start repairing your credit. By keeping the lines of communication open, you will avoid getting into more debt, making your credit score even worse. This can be accomplished by negotiating with them for a change in due date or monthly charges.

Nursing your credit back to good health is not as hard as it looks at first, especially when you are willing to make a persistent effort and listen to good advice. Use what you have read here to get back on track with your credit.