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3 Painfully Easy Ways to Boost Your Consumer Credit Scores

Janet Gershen-Siegel
July 15, 2018
boost your consumer credit scores Credit Suite

It’s Easy to Boost Your Consumer Credit Scores

You can boost your consumer credit scores, and we can show you how. So check out these simple techniques to improve your consumer credit for little to no cost.

When you boost your consumer credit scores, then that will make it easier for you to get loans and credit. And you will get better terms for both.

It can also be the difference between wanting consumer credit and loans, and not getting them at all. So here are three simple techniques to boost your consumer credit scores. And you can boost credit score fast, even if you’re new to credit.

3. You Can Improve Your Payment History to Boost Your Consumer Credit Scores

How do you make your payment history better? It’s easy. Just pay your invoices timely. And pay them as close to ‘in full’ as you possibly can. That can be easier said than done. The reality is; you must keep your spending realistic.

No one can forecast the future. All anyone can do is to go by whatever information is out there. Additionally it should be analyzed in a way that is not overly optimistic. What is likely to happen to you financially? This ought to be under all kinds of circumstances.

A Hypothetical

Hence if it appears you can potentially make $1 million next quarter, but you have to borrow money now, do not borrow anywhere near that amount. Keep your spending in check. That is, do not gamble your future on a hunch.

These are both good ways to get your credit balances down. Consequently, that will improve your payment history and your consumer score.

Consider that anything could happen. However, you still need to pay your small business’s invoices—and yours.

2. Your Credit History Length Matters

This is essentially for how long you have been using credit. Typically younger adults will have short credit histories. While there is not much you can do about that and there’s no real hack for it, per se, do not lose heart.

Credit reporting agencies will review whatever information they can get on you. If you just got out of college and are about to go into a high-powered, high-salary field, then that will be a part of what they consider. So these types of fields are lawyer or doctor or the like. Having what the credit bureaus think is a bright future is pretty much the fastest way to build credit. This is because you’ll get credit card offers without having to go looking for them.

1. Stay on Top of Your Reports to Boost Your Consumer Credit Scores

This means regularly getting and reviewing your consumer credit reports. It’s always a good idea to check your credit score. You will need to stay on top of your credit scores. This is because credit scoring reports can have mistakes. And you have the right to dispute them. However, you will not know there are any errors unless you check. The best way to check credit score is to contact the bureaus directly. Per the Fair Credit Reporting Act, they’re obligated to give you a free copy of your report every year.

This is one good way how to improve credit score.

Dispute Charges to Boost Your Consumer Credit Scores

Disputing a credit report mistake generally involves sending a paper letter with copies of any proofs of payment with it. These are typically going to be receipts and/or cancelled checks. Always send copies and also retain the originals.

Specifically detail any charges that you are challenging. Be sure to use certified mail so you will have proof that you sent your dispute.

These days (one good thing to come out of the pandemic!), consumer credit bureaus are accepting more online disputes, so check if that option is available.

Discover our Get Business Credit guide, with everything you need to know about building credit for your business.

Bonus #1: Separate Consumer and Business Credit

If you go into business, then this is going to be a necessity.

When you consider the difference between your business credit score vs personal credit score, keep in mind that any inquiries into your personal credit score are going to adversely affect that score.

And a lot of merchants and lenders will perform inquiries when they are doing business with you for the first time. You do not want their inquiries to be affecting your personal credit. It’s a great way how to improve your credit score, both business and personal.

Get a D-U-N-S Number for Your Business

You can’t get into Dun & Bradstreet’s system without one, and they are free, anyway. A D-U-N-S number separates your business from all others, including similarly-named companies.

Dun & Bradstreet has a prerequisite that you register your small business on their site before they will hand out a D-U-N-S number.

Please note there are a few slightly different methods of getting a D-U-N-S if your business belongs to a special class. These include if your small business is a US government contractor or grantee, or your company is Canadian, or you are working as an Apple developer.


Make your business as a distinct legal entity by way of incorporation.

Have a meeting with your tax adviser or financial planner in order to determine which legal entity (sole proprietor, LLC, or S-Corp) will best fit your small business and specific financial situation.

Incorporation can also help to protect your personal assets in the event of a lawsuit. Once your corporation or LLC is registered on your state’s Secretary of State’s site, you can then acquire a Business Federal Tax ID Number, so you can open your business’s bank account.

Usually, you chose your business entity via your state’s Secretary of State.

Get an EIN

The IRS makes it easy to do this. You can apply online as soon as you determine your eligibility.

  • Is your primary business located in the United States or in U.S. Territories?
  • And is the person who is applying online in possession of a valid Taxpayer Identification Number? This is an SSN (Social Security Number), and EIN, or an ITIN (Individual Taxpayer Identification Number)

If so, then you’re good to go. Just apply. It’s free.

Start Business Checking and Savings Accounts

Have a conversation with your local bank about getting business checking and other accounts.

If you have been a loyal customer on the personal side of things, that helps. And if you can demonstrate your small business is paying its bills on time, so much the better. So then your bank is going to be a lot happier loaning to your business.

Apply for Appropriate Bills Through your Small Business

These are really any invoices which are the express responsibility of your company (or, at least, they ought to be). They include everything from WiFi in your business’s name to rent or a mortgage for your office space.

Your business could pay a cell phone provider or even the oil or gas bill, if that is appropriate. Your company will notice credit scores rise as you pay the bills promptly.

Enhance the professionalism of your small business and keep your individual and business credit separated.

Discover our Get Business Credit guide, with everything you need to know about building credit for your business.

Bonus #2: Live Within Your Means

Of course, sometimes this is easier said than done. But buying beyond your financial level will do little but spiral you into debt. While both consumer and business credit are good things, you do not want to have crushing debt, either.


This can mean going to a smaller or more local college. That way, you can save on commuting costs and housing. Your tuition may end up costing less. For all institutions of higher learning, price should be one consideration. And another should be how well they place their graduates.

After all, what good is a degree if you can’t get a job?


How long has it been since you had a roommate? Of course privacy is a consideration. But it is a proven means of lowering your bills. Consider group living situations where everyone pitches in. And they aren’t just for college anymore.

A good roommate or apartment mate situation can help keep your place more secure.

Housing costs also, most of the time, include utilities. So put on a sweater and turn the heat down. Or take a cool shower and ease up on the air conditioning. Caulk windows and cover them with plastic to seal leaks. Or talk to your landlord about upgrading.

Vacuum your refrigerator’s coils, too – because that can increase electricity usage.

Extra Earningsboost your consumer credit scores Credit Suite

We are currently living in what’s known as a ‘gig economy’. But just what, exactly, does that mean?

It means that you can try your hand at earning more in all sorts of ways. One popular method is by driving for a car sharing service like Uber or Lyft. If you’re artistic, then another means is to sell crafts and new goods on eBay or Etsy.

Or try a small work from home gig on UpWork or Fiverr. Yet another option is to sell unwanted items on eBay. Or you could even become a seller on Amazon.

Think creatively. Is there something that you can do? Is there something you can sell? Consider your options. They may be more plentiful than you think. And having more money in your pocket means you are far more likely to pay your bills on time. Or maybe even early.

And that will definitely boost your consumer credit scores. It’s a great way to work toward a credit score increase.

Discover our Get Business Credit guide, with everything you need to know about building credit for your business.

Bonus #3: Borrow a Little, and Pay it Back Early

One of the easiest ways to increase credit score is to demonstrate fiscal responsibility. Your loan doesn’t need to be a big one. And, in fact, it shouldn’t be. As a result, this is a small loan to, say, tide you over for a month. As opposed to a car loan—although responsibly managing a car loan will help you, too.

One More Bonus: Paying Down Debt

It’s just like our friends at CreditCards.com say:

If high credit utilization is weighing down your credit score, a tax windfall can help you pay down your card balance.

If you don’t have pressing survival needs, then putting some into paying off credit card debt will save you now and later. Why later? Because you will pay a lot less in interest. Nowhere is this truer than with mortgages. True story: I paid my house off in 16 years instead of 30 and paid a good $100,000 less in interest and fees.

You Can Boost Your Consumer Credit Scores

Pay attention to your credit scores and your overall financial health and you will be more likely to succeed. You, too, can boost your consumer credit scores.

Share this and tell your friends what you think of how to raise your credit score.

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