If you are dealing with a bad credit score, you are not alone. Millions of Americans in Milwaukee and across the country are at an extreme disadvantage due to poor credit scores. If your poor credit score is due to fraud or other falsities on your report, it is important to contact the credit reporting agencies right away. But if your poor score is due to mismanagement, there are many things you can do to improve.

According to Experian, the best thing you can do to ensure that your credit scores improve is to pay your bills on time. Your credit score is an estimate of how successful you are at paying your debts. One of the best ways to prove that you pay your debts is to ensure that all of your bills are paid entirely and on time.

Another important factor is your credit utilization ratio. This is calculated by comparing the amount of credit you have currently in use versus your amount of available credit. That is, the lower the balances are on your credit cards, the better your credit utilization ratio is. This is why it is generally a good idea to not close credit card accounts even if you no longer use them. So try to pay off any current debt you have and keep balances low on your cards.

Also, did you know that the more often you apply for credit cards the worse your credit will be? Every time you apply for a credit card your credit rating will take a hit, even if your credit is excellent. Make sure to only apply for credit sparingly.