What determines your FICO score?
- 35% Payment History
- 30% How Much You Owe
- 15% Credit History Length
- 10% Types Of Credit
- 10% New Credit
If you had to do one thing that would raise your FICO score dramatically, it would be to pay your bills on time. At the least, pay the minimum on all of your bills.
If you had to do one more thing to raise your FICO score even more, you should lower your debt level. Pay off loans and credit cards and try not to accrue more debt until you have lowered your debt to an acceptable level.
If you do just those two things, you will be doing well on 65% of your FICO score factors!