CREDIT IMPROVE SCORE

A credit score that is between 350 -620 is regarded as a bad credit score. since these days everything revolves around credit score you need to take steps to raise it to  higher levels to turn it into a good credit score.

A Credit score is based on the payment history of existing accounts for the past1- 2 years, ratio of used credit to unused credit(limit to balance).A low ratio can even give you a bankruptcy score.
STEPS TO CREDIT IMPROVE SCORE

The first step that you can take is to get your credit report to know what exactly is your credit score before looking for ways to improve it.

Bring down all bills upto date and avoid late payments.If you are late even by a day the credit agencies are notified about it.

To avoid delayed payments try to make payments of your bills online as this will ensure that all your bills are paid on time.

Pay down all your credit card dues and loans that you currently have. work on getting the entire outstanding amount on your cards and loans cleared off.

Making payments on time will create new payment history for you which in turn will bring up your credit score.

To improve bad credit-Make sure to pay more than the minimum amount due especially on your credit cards as the minimum amount due hardly covers the interest payments that are charged on your credit cards every month.

As you pay off these lines of credit do not close them let them remain open as closing lines of credit will create a bad effect on your credit report.

To improve bad credit keep lines of credit open but do not use them.

Any credit card crossing over 50% of available credit line should be paid down to under half (i.e less than 25%)of the total credit line.

Settle your balances-Try to pay off any account that is with the collection agents.Contact your creditor  and make a settlement on the total dues on your card.this will allow you to pay off your debts for lesser amount than you owe which in turn will help to improve your bad credit score.

In case you have bad credit or no credit and have no credit card a/c then in such a case Try to obtain atleast 2 credit cards and make their monthly payments on time.This will improve your bad credit score.