Reduce The Balance To Zero Each Month
One of the best ways to elevate your FICO scores is to dutifully pay off all of the balance on your credit card each month. If this is not possible then remember that the closer you can get your balance to zero each month the better. Doing this increases your chances of having a zero balance reported on your credit report – a number that can significantly raise your credit score/
However, just because you report a zero balance does not mean it will automatically be reported as a zero balance on your credit score. In the worst-case scenario it can take as long as sixty days for a credit card company to report your balances to the credit-reporting agency. In this case the best way to achieve that zero balance on your credit report is to pay the credit card off and then avoid using the credit card account for two months.