How to fix your bad credit score in 7 easy steps

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Not everyone has good credit. Fixing a bad credit score isn't as hard as  it looks. Here are 7 ways  to do it.

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1. Review your credit score and report at least once a month to know where you stand with credit.

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2. Fix any errors you spot. Dispute any discrepancies you find and get them removed so it doesn't hurt you.

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3. Payment history is 35% of your score. Always pay your bills and dues on time. A simple hack is to automate them.

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4. Maintain a credit utilization ratio at 30%. Calculate this by comparing your credit card balance with the card limit.

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5. Pay down any debts. If you have any outstanding payments, clear them quickly to improve your payment history.

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6. Don't close your old credit cards. They show credit history and can actually help boost your score.

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7. Avoid hard enquiries. The more times you apply for credit, the more damage it does by dropping your score.

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Fixing your credit score requires a long-term plan. Stay committed and keep checking to note improvements.

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