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Name: Morris Armstong
Hometown: Danbury, Conn.
Credit Score: 800-plus
“I have had credit cards for over 40 years, and while a credit history usually focuses on events within the past seven to 10 years, the age of an individual credit account is important, and I am fortunate that some of my credit accounts have 20- to 30-year histories. It is important to understand that the age of an account is a major component of a credit score and that you should try and keep your old accounts open and occasionally use them.”
Name: Angela Colley
Hometown: New Orleans, La.
Credit Score: 811
“I bumped my credit score up by over 100 points just by ordering my credit reports and writing a few letters. All three of my credit reports contained at least one error each. For example, one company was reporting a debt outstanding that had been paid off several months before. Another credit report showed an account I didn’t even own. I wrote letters to the credit bureaus disputing these errors, the credit bureaus investigated and removed the errors about 30 days later.”
Check out more on boosting your score in the links below.