9 Best Practices for Raising Your Credit Score
                     9 Best Practices for 
Raising Your Credit 
Score
© Clix Capital Services Pvt. Ltd. All rights reserved.
Why does credit score checking online 
not damage your credit score?
Increasing your score before borrowing 
is an important step. Credit building is 
an important step to getting instant 
approval and a low rate of interest. 
When you need a high-value loan, you 
always need to improve your credit 
score. There are various ways in which 
you can improve your credit score. A 
good credit score always makes it 
possible for individuals to get any kind of 
loan at the best rate of interest. 
Therefore, before you apply for any kind 
of loan, like a house loan or a car loan, 
you need to increase your credit score. 
Here are the nine best practises that you 
© Clix Capital Serviccesa Pvnt. L tdf.o Alll rligohtsw res ertvoed. build credit over time. 2
Keep your credit accounts open
If you are planning to improve your credit score, 
you need to keep your credit accounts open. A 
credit account means credit cards and existing 
loans. You need to keep the credit account with a 
long credit history open so that it improves your 
credit score. The longer the credit date, the better 
it will be for the improvement of your credit 
profile. If you have a credit card with a long credit 
history and a clean track record, do not close the 
account.
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Check your credit score 
on a regular basis
If you are trying to increase your credit score, 
you can do the same by checking your credit 
score on time. It is important to know for a fact 
that when you check your credit score, you get 
to report the errors. There are several errors 
and mistakes reported on your credit score that 
damage your credit score. For every entry or 
error, you will damage your credit score by 100 
points. This will never allow you to borrow with 
quick approval and a low-interest rate. You 
need to check your credit score so that you are 
able to report the errors and improve your 
credit score. 
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Keep your credit utilisation ratio 
under control
When you use credit accounts like 
overdrafts, loans, or credit cards, they 
come with a particular fixed credit limit. 
When you utilise the credit limit, it falls 
under the credit utilisation ratio. There are 
individuals that completely exhaust the 
entire credit limit available. Learn 
how to get a business loan.
© Clix Capital Services Pvt. Ltd. All rights reserved. 5
Thank You
For more information please contact:
Clix Capital Services Private Limited
Email: [email protected]  |  Mobile: 18002009898  
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