Here are 5 pointers to help improve your credit score.

1. Get copies of your credit score,then ensure the information is correct.

Go to the Yearly Credit Score website. This is the only permitted online source for a free credit score. Under Fed. law, it's easy to get a free report from each one of the three nationwide credit reporting companies every 12 months.You can also call 1-877-269-7923 or complete the Yearly Credit Report Request Form at the Federal Trade Commission (FTC) site and mail it to Yearly Credit History Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.

2. Pay your debts punctually.

One of the most vital things you can do to enhance your credit history is pay your debts by the due date. You can set up automatic payments from your bank account to help pay on schedule, but be sure you have enough money in your account to avoid overdraft costs.

3. Understand how your credit report is determined.

Your credit report is usually based primarily on the answers to these questions:

Do you pay your debts on time? The solution to this query is critical. If you have paid bills late, had an account referred to a collection agency, or have ever declared bankruptcy, this history will show up in your credit score.

What's your notable debt? Many scoring models compare the amount of debt you have and your credit limits. If the balance you owe is close to your credit limit, it's likely to have an adverse effect on your score.

How long is your credit history? A short credit history may have a negative effect on your score, but a brief history can be counterbalanced by other factors, eg timely payments and low balances.

Have you requested new credit recently? If you have asked for too many new accounts lately which will negatively influence your score. However , if you request a copy of your own credit report, or creditors are monitoring your account or taking a look at credit reports to make prescreened credit offers, these investigations about your credit history are not counted as applications for credit.

How many and what sorts of credit accounts do you have? Many credit-scoring models consider the number and type of credit accounts you have. A mixture of installment loans and mastercards may enhance your score. But too many finance company accounts or mastercards might hurt your score.

To learn more, see the Federal Trade Commission's publication on credit scoring at their site.

4. Learn the legal motions you need to take to improve your credit history.

The Fed. Trade Commission's "Building a Better Credit Score" has info on correcting errors in your report, tips on coping with debt and avoiding scams and more.

5. Steer clear of credit-repair tricks.

Infrequently doing it for yourself is the right way to fix your credit. The Fed. Trade Commission's "Credit Repair: Self-Help Might Be Best" explains how it's possible for you to enhance your creditworthiness and lists valid resources for low-cost or no-cost help.

Looking for information about credit repair? Stop by our site to learn more.

You will also find information about the top credit repair companies as well as our LifeLock review.