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6 min read ·Get Your Money Ready

Improving Your Score

Key Takeaways

  • Quick wins: pay down credit cards below 30% utilization
  • Don't close old accounts—length of history helps your score
  • Realistic improvement takes 3-6 months, not days

Quick Wins (30-60 Days)

The fastest way to boost your score is lowering credit card balances. Aim to use less than 30% of each card's limit—under 10% is even better. If you have a $1,000 limit, keep your balance under $300. Pay down the highest-utilization cards first. You can see results in as little as 30 days.

Credit utilization meter showing the sweet spot under 30%

Medium-Term Strategies (3-6 Months)

Become an authorized user on a family member's old, well-managed credit card—their good history can boost your score. Dispute any errors on your credit reports (this is free). Set up automatic payments so you never miss a due date. Don't apply for new credit during this time.

Timeline showing credit improvement milestones from 30 days to 6 months

What NOT to Do

Don't close old credit cards—this shortens your credit history and increases utilization. Don't pay for "credit repair" services that promise miracles. Don't open new store cards just for discounts. Don't max out cards even if you pay them off monthly (utilization is measured at statement time).

🏠 Credit Counseling Resources

Kentucky has HUD-approved credit counseling agencies that offer free or low-cost help. These nonprofit counselors can review your situation and create a personalized improvement plan. Find one at hud.gov or ask your KHC-approved lender for referrals.

Your Next Step

Calculate your credit utilization on each card (balance ÷ limit). Focus on paying down any card over 30% utilization.

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