Quote Originally Posted by Paree4g63
**Try & accrue credit by gaining more debt:
Example: Paying for bills under your name(cell phone, utility bills, cable tv, satellite, car insurance)
I agree with most of what you said except the above.

The bills you mentioned have no way of helping your credit due to the fact that they aren't revolving accounts nor are they reported in good standing. They will affect your credit if you default on them. Sure, they check your credit for cell phones, cable, etc., but they only check it to ensure that you qualify. (eg : outstanding collections with the similar company your applying for) Also gaining more debt isn't a good way to fix credit. Its a good way to get in over your head therefore making your credit worse.

The best way to improve a credit score is time.

Pay off any derogatory balances/accounts and slowly open accounts you can manage.

Also try to minimize any credit inquiries.