This answer is from When will my credit score start increasing again? I took out a $1,000 loan for my sister on a 6 month payment plan and she paid 4 out of th
Dean Binder said
The best way to improve your score is to pay down your revolving/credit card debts. Instead of closing your credit cards, pay them off and keep the account open. Closing the account will decrease your capacity. Continue to make payments on time. Slow down on opening new accounts. If possible move your revolving debt to installment debt. Lastly, keep doing the things above for a long time and you will acquire a long credit history.
