Credit scores are calculated based on formulas and your personal credit usage and payment history. The main factors in your score are payment history, the amount you owe to all creditors, how many years you have of credit history, and other lesser factors.

When you make your payments when they are due or before the due dates, it positively affect your credit score and impacts it greatly If you are paying consistently on time you can ask for a higher credit limit on your cards.

This will increase your total available credit and lower your usage rate at the same time. Both are positive factors in your credit scores and the key is to budget and maintain your discipline.


Author's Bio: 

Kimmy Burgess is the Manager of Cash in a Snap, which helps clients get connected to its large network of reputed lenders to get a no fax payday cash advance when they need it. Kimmy has over 20+ years' experience in Administrative Management, with many years in the lending industry. Her expertise includes customer service, client services and other functions in the payday lending business.