1. Decrease Revolving Account Balances

Do you run high balances on your credit cards? Here is a powerful credit repair technique for you. Decreasing your balances can improve your scores by as much as 100 points. Maybe more! A recent revision of the FICO scoring model puts increased emphasis on the relation between your account balances and your limits. Do not miss out.

2. Apply for New Credit Today

Have you had credit problems? Here is another dynamite credit repair technique. Open two new credit cards today and your credit scores can jump by over 100 points in the next six months. FICO now gives extra points to people who return to the world of responsible debt management after a period of poor credit. If you are concerned about denial, get secured cards, you will not be turned down and they are just as effective.

3. Smart Credit Card Management

We already discussed the importance of keeping your credit card balances low. And, of course it is crucial that you make your payments on time. But here is another credit repair pointer that can give you a FICO advantage when you need it. When you get your monthly bill do not pay it off in full. FICO has a funny way of devaluing inactive accounts. While you are improving your credit make sure to keep your accounts active.