Whether you're applying for a car loan or trying to get an apartment, having a strong credit score can be the difference between getting approved or denied. Greene Law PC, a Farmington, Connecticut, law firm specializing in Chapter 7 and Chapter 13 bankruptcy, has some tips for improving your increasingly important credit rating.

To boost your FICO score, these experienced bankruptcy attorneys recommend:

Paying Your Bills on Time: Your payment history is one of the most important factors that influences your credit score in the short term. Payments that are just a few days late can negatively impact your rating.

Keeping Balances Low: The amount of available credit you have on credit cards and other accounts is another important indicator the reporting agencies use in determining your score. Ideally, you want to carry a balance of no more than 25% of your credit limit.

Pay Off Credit Cards: Paying off credit cards, including store cards and other lines of credit, will significantly reduce your debt-to-income ratio. Leaving the accounts open without using them can also have a strong influence on your rating.

Open New Accounts Sparingly: Credit can easily overwhelm even the most careful borrower, so it's important to open new accounts rarely and only when you need to.

If you find yourself struggling with debts you can't pay, Greene Law PC has the experience and advice you need to help you get a fresh start on your finances. With the help of a bankruptcy attorney, you may be able to completely discharge some of your debts while keeping your most valuable property. Visit their website to learn more, or just call (860) 676-1336 to schedule a consultation today.