5 Things To Do To Raise Your Credit Score By 200 Points In 30 Days

Raising your credit score by 200 points in 30 days is an ambitious goal, and while it may be challenging, specific strategies can significantly boost your credit score quickly if executed correctly. Here are five steps to help you achieve this goal:

5 Things To Do To Raise Your Credit Score

Review and Dispute Errors on Your Credit Report

Step-by-Step Guide:

  • Get Your Credit Reports: Obtain free copies of your credit reports from the three major credit bureaus: Equifax, Experian, and TransUnion. You can get these from AnnualCreditReport.com.
  • Carefully Review Your Reports: Look for inaccuracies such as incorrect personal information, accounts that aren’t yours, duplicate accounts, or erroneous late payments.
  • Dispute Errors: Dispute any inaccuracies you find with the credit bureaus. This can often be done online. Provide documentation to support your claim.

Impact on Credit Score:

Correcting errors can have a significant effect on your credit score. Removing incorrect negative items such as late payments or collections can quickly boost your score.

Pay Down High Credit Card Balances

Step-by-Step Guide:

  • Identify High Balances: List all your credit card balances and their corresponding credit limits.
  • Focus on High Utilization Rates: Prioritize paying down cards that are close to their limits. Aim to get the balance on each card below 30% of its credit limit, ideally below 10%.
  • Use Savings or Windfalls: If you have any savings or receive any unexpected money (like a tax refund), use it to pay down your credit card debt.

Impact on Credit Score:

Credit utilization (the ratio of your credit card balances to your credit limits) accounts for 30% of your credit score. Lowering your utilization rate can significantly increase your score in a short period.

Negotiate with Creditors

Step-by-Step Guide:

  • Contact Creditors: Reach out to your creditors and explain your situation. Many creditors are willing to negotiate repayment plans or settle for a lower amount.
  • Request a Pay-for-Delete: Negotiate with creditors to remove negative information from your credit report in exchange for payment. This is especially useful for collections accounts.
  • Get Agreements in Writing: Ensure any agreement you make is documented in writing to avoid future disputes.

Impact on Credit Score:

Successfully negotiating a pay-for-delete or a settlement can remove derogatory marks from your credit report, leading to a substantial score increase.

Become an Authorized User

Step-by-Step Guide:

  • Identify Potential Accounts: Ask a family member or close friend with a high credit score and a long history of on-time payments if you can become an authorized user on one of their credit cards.
  • Understand the Terms: Ensure the primary cardholder’s payment history and credit utilization on the card are positive.
  • Monitor Your Credit Report: Once added as an authorized user, monitor your credit report to ensure the account appears and positively impacts your score.

Impact on Credit Score:

Being added as an authorized user can quickly boost your credit score by benefiting from the primary user’s positive credit history, especially if your own credit history is limited or has negative marks.

Pay Bills on Time and Use Credit Wisely

Step-by-Step Guide:

  • Automate Payments: Set up automatic payments or reminders to ensure all bills are paid on time. Even one late payment can significantly impact your score.
  • Use Credit Responsibly: Make small charges and pay them off immediately to demonstrate responsible credit usage.
  • Avoid New Credit Inquiries: Refrain from applying for new Credit unless absolutely necessary, as hard inquiries can temporarily lower your score.

Impact on Credit Score:

Payment history is the most significant factor in your credit score, accounting for 35%. Consistently paying bills on time and using Credit wisely shows lenders you are a responsible borrower, leading to a higher score.

Also Read: HDFC To IDFC, Changes In Credit Card Rules You Must Know


Raising your credit score by 200 points in 30 days requires diligent effort and strategic actions. Start by reviewing and disputing errors on your credit report, paying down high credit card balances, negotiating with creditors, becoming an authorized user on a trusted account, and ensuring timely bill payments. While it may be challenging to achieve such a significant increase in such a short period, these steps will set you on the right path toward improving your credit score quickly and effectively.

Remember, credit repair takes time and persistence, and the best results come from consistent and responsible financial behavior.

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