This guest post is from Kiplinger's:
"The December issue of Kiplinger’s Personal Finance offers three simple rules to improve your score:
1. Pay bills on time. Your payment history makes up more than one-third of your score.
2. Keep the balance on your credit cards below 25% of your available credit. In FICO’s model, your actual credit limit isn’t as important as your credit utilization ratio—the percentage of your limit that you’ve actually used.
3. Limit applications for new credit. Each time you apply for new credit—especially if you have a short credit history or few accounts—an inquiry is made on your credit report. Inquiries themselves are tiny dings—but a lot of dings can add up to a big dent.
The article in its entirety is available at http://www.kiplinger.com/magazine/archives/2007/12/perfect-credit-score.html."
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