Hello-
Since your debt load contributes to 30% of your credit score, the more debt you have, the lower your score. So in order for you to increase your credit score, you need to reduce how much debt you have.
There are several ways to eliminate your debt.
The standard answer is to make sure you are paying more than the minimum and stop charging stuff you don’t need.
A better answer is to try and eliminate some of your debts by using debt settlement. If you are behind on your payments and need help but don’t want to file bankruptcy, you may want to consider settling your debts.
There is a company called Credit Solutions that is one of the biggest debt settlement companies around. They were featured on NBC as one of the top ways to get help with your debt.
When you lower your debts, you can increase your score by up to 30%.
-Adam