How to Get a 780 Credit Score

There's no trick to getting a terrific credit score. Many people have lived most of their lives on credit and have paid it back when it was due. Those who have followed the rules are to be admired. Those who aspire to have 780 credit scores or higher should develop the same habits. Before long, they will see their credit score rise to levels to where they can secure all the credit they want or need.

Instructions

1

Bank your paycheck and buy as much as you can on your credit card. Then, at the end of the month after your credit card bills arrive, write a check to pay them off. You will benefit since each of those purchases is a loan, and the credit card issuers is obligated to inform the three credit agencies of all activity on the cards. And by paying off the cards---a fact also sent to the credit bureaus---you will prove to them that you are credit-worthy and, at some point, they probably will increase your credit limit. Of course, make sure you don't put more on credit than you can pay off. Most people with high credit scores don't use more than about 35 percent of the credit they are granted.

2

Put you debit card in a drawer. A credit card does the same things as a debit card; but each time you use it, you are taking a loan. When you use a debit card, you are simply using your own money. Once again, the credit card companies will inform the credit bureaus each time you use the card but your usage of a debit card will go unnoticed.

3

Systematically ask your credit card companies to raise your limit. You will have more freedom to make larger purchases on your card without lowering your credit score. Also, with a higher limit, you are likely to receive promotional offers from the credit card company.

4

Buy your home, don't rent it. You will be demonstrating to the credit bureaus that you are committed to pay a large portion of your income on a mortgage, which will result in a higher credit score. However, if you rent your home, the only time the credit bureaus is likely to hear from your landlord is when you are late. A new homeowner, after he makes several monthly payments on his mortgage, will see his credit score raised by as much as 50 points.

5

Resist the temptation to close a credit card account because you have been offered one at a lower interest rate. The credit bureaus look at how long you have successfully handled credit. If you have a history of paying off your balance on time, that will be lost if you were to close that account.