Open new Credit Accounts With High Limits to Raise Your FICO Credit Score
Get a credit card with a high limit, keep the balance low and use the credit card to establish a credit history or boost a low credit score. Remember — the more available credit on a credit card, the better.
Maxed out credit cards indicate little self-control and increases your debt ratio. Even if you submit timely payments, your credit score can remain in the low 600’s.
Keep balances below 25% of the credit limit to raise your FICO credit score.