There are no guaranteed ways to improve your credit score fast as far as I am concerned, but what I know is that you should be putting in every effort, whether big or small, on a consistent basis, if you are serious about eliminating your debt.

So, what are the ways to improve your credit score? Follow these tips.

1. Save every month.
Set aside a portion of your earnings and save it. Save some money every month and let it grow. You will be using your savings when something serious happens to you - an illness, a divorce, death of a family member, or an accident. These crises are so big that they will take away all the money you have quickly, and can cause you to open more credit and incur more debt.

2. Increase your income.
The salary from your dayjob needs not be the only source of your income. Do more things to make you more money - a part-time job, for example. Having a secondary source of income can also protect you in case you lost your job.

3. Don't fall for credit scams.
Millions out there are probably so desperate to eliminate their debt that they begin searching for answers. Therefore they tend to fall for scams from credit repair services which only take away their money. The point is, you should not wait for tomorrow or next month to raise your credit rating. Little and big steps all contribute to a higher credit score. You don't need to eliminate your debt immediately. Be consistent, and have patience. The thing is, some of the things that credit repair services do, like correcting credit report errors and designing a budget, can be done by you. Seek free and inexpensive help if you can. But it doesn't mean that there is nothing else a professional financial expert can do. If you feel that you need help from a credit counselor, ask yourself some things first, like

a. Do you avoid phone calls and mails from your debt collectors?
b. Do you avoid going out because you are too bothered by your debt?
c. Are you so troubled by your financial state that you don't know how to erase your debt?

If you answer yes to these questions, it shows you might be needing for some advice from a seasoned financial counselor.

4. Pay on time.
One of the causes some people face large debt is because they forget to make payment on or before the deadline. Late payment fees and higher interest rates cause debts to get larger and harder to be paid off. Therefore, you should set a specific day you are to pay all your monthly debt if you want to avoid those late payment charges.

5. Keep your debt to a minimum.
Lenders would like to see how good you are at managing your debt, whether it's a major loan or a credit card. You can therefore show them you can show them that by maintaining a small debt. If you pay off your debt more than the minimum, so much the better, to show you are capable at paying off your debt.

6. Cut back on expenses you don't need.
Save more money by simply putting an end on unneeded expenses, like cable subscriptions and magazines. You can save more money by being a cheapskate. For example, instead of eating out every time, why don't you bring along some lunch with you. Or go for used stuff instead of buying things new all the time. Or doing certain tasks yourself, rather than hiring somebody to do them, like housekeeping and laundry. Little things contribute so much to your savings.

I don't guarantee that you will improve your credit score fast. Just focus on making consistent improvements and you're going to get the desired credit rating before you know it.

For more tips on how to get a higher credit rating, visit my blog now. It covers tips on all aspects of personal finance.