Steps to Improve and Maintain Credit Score
On time payments
Always make your Credit card and loan payments on time as making timely payments become health tonic in increasing and maintaining your Credit score .
Have mix credit of Secured and Unsecured loans
Having mix credit accounts of credit card and loans helps in boosting credit score significantly.
Use your credit card limits partially
Do not use your credit card limits fully , try using only 30-40% of your card limits.
Remove accounts that does not belong to you
Check your report on regular basis and remove the accounts that does not belong to you as it impacts your credit score
Rectify Minor errors from Credit Report.
Make correction on minor errors of your Credit report like mistakes in your Name , Pan no, Dob, Address ,Aadhar card or Driving licence.
Avoid closing your old accounts
Do not close your very old credit card or loan account all of sudden as your old account carries lot of weightage intern will impact your Credit score.
Do not make lot of enquiries
Making frequent enquiries of loan and card application to bank decreases your credit points and shows the bank your credit hunger.