...about trying to correct my problem? I have no children, I work full time and I do not have many bills to pay. I am trying to get answers on how to improve my credit.

The best way to improve your credit is to pay your bills on time each month, every month. A great way to do this is to get a bank account (Washington Mutual is free) and then have your paycheck autodeposited. Most employers can do this. Then sign up with each creditor to pay your bill on line each month. Ideally you pay all your bills in full each month. If you absolutely can't afford to do this, pay at least the minimum. Don't be late, ever. Don't skip a month, ever. This will give you good credit in a short time. You can also request a copy of your credit report for free, thanks to the federal government. Review what you find and make sure that there are not any erroneous entries. If there are, call them up and explain. Try to have documentation if you can find any.Don't apply for a lot of credit cards. Applying for too much credit can hurt your score. Good luck!

Live with with your means.I mean if you earn 5 pesos, spend only 4.99 and please learn how to save

Actually, you are already on your way. Simply being aware of the importance of good credit - and then making a plan to maintain your credit is a big step. The first thing you need to do is get a recent copy of your credit report. Go to one of the major credit bureaus (www.equifax.com, www.transunion.com, or www.experian.com) and buy a report WITH scores. If you've recently been turned down for credit you can request one (in writing) from each of the bureaus for free. You goal is to get your score above 700. If you have any loans - you must get those current. Do this BEFORE you pay any accounts in collections (if you have those). You'll also want to get up to three credit cards with balances of at least $300. Use the cards once per month to buy something small - and if you need to, give the cards to your parents so you won't spend on them. Keep a very small balance (not zero) on the cards. Do this and you'll be in great shape within 12 months.Be well.

Let me be totally honest with you. Poor credit is not your problem, your spending habits are. Aren't you tired of being a slave to the credit card companies yet?What you need to do is get a plan for financial freedom. You need to get on a written budget NOW. Cut out ALL unneccesary expenses - vacations etc. until this crisis is over. Also, never borrow money with credit cards again...ever. Cut them up and start using cash. List your debts (credit cards car payments loans etc)on paper smallest to largest and pay minimum payments on every debt but the smallest one. Throw every extra dollar from your written budget at the smallest debt until it's gone. Then tackle the next one on the list, etc.Once you are debt free don't you think it will be easier to save enormous amounts of money for your retirement?Start now - get a plan and change your life forever. Dave Ramsey has just the plan for people like you - go to www.daveramsey.com and listen to him personally talk about how thousands of people have become debt free already - it just takes an attitude adjustment on your part.

5 ways t0 improve your credit score

you can follow these tips to improve your rating:


Pay your bills on time. Delinquent payments can have a major negative impact on your score and the longer you pay your bills on time, the better your score. For example, someone with an average credit rating of 707 can raise their score by as much as 20 points by paying all their bills on time for one month.

Keep balances low on credit cards. High outstanding debt can affect your score. Maxing out your credit cards could lower your average score by as much as 70 points.

Don't open a number of new credit cards that you don't need. New accounts will lower your average account age, which could actually lower your score by up to 10 points.

Have credit cards - but manage them responsibly. In general, having credit cards and installment loans (and making timely payments) will raise your score. Someone with no credit cards, for example, tends to be higher risk than someone who has managed credit cards responsibly.

Closing an account doesn't make it go away. A closed account will still show up on your credit report and may be factored into the score.