Improving your credit score is not an impossible job however it does take a lot of work
. If your credit score is below 500 this may take a few years, however if it is above this score there are some simple tips you can try to get your credit score back on track. The first thing to do is find out your score. This score is called a FICO score which lenders use to determine creditability and payment history. Paula de la Torre Editor of the "Best Credit Reporting Services" website -- http://www.CreditReportsAndScores.biz/ -- pointed out; In the last 10 years American consumers have found their score going down due to job losses and an unstable economy. This in itself is not enough to bring down a credit score but depending on your payment history, credit scores change Bringing up your credit score is possible with these tips. If you have no credit at all and are considering building credit with credit cards, getting a low interest limit card may be the best bet. Many companies offer credit cards with a $200-$300 limit. This limit card usually requires a fee and can be somewhat costly at first. These cards have an annual fee which usually cost about 70 dollars per year. Even though they have a fee, in the end you can build your credit slowly but surely. These cards will generally be a somewhat higher interest rate but by paying off on time you can eventually have the interest rate reduced to half the rate you start out with Building credit takes time and persistence. By paying credit cards on time you can eventually build your credit back up. Your credit score will rise along with it and more financial opportunities may come your way. Along with this comes peace of mind. Further information about how to get a detailed credit report including scores and as often as you want by visiting; http://www.CreditReportsAndScores.biz