Your business credit report is generally based on the timeline of your payments, and unlike a personal credit report, a business credit report may have a number of active accounts, which can offer a positive effect, as long as your other accounts are in good standing. Your business credit score will also have some information that's self-reported, which is generally not allowed in personal credit reports. While getting a credit report usually comes at no extra cost, these companies are allowed to advertise other paid services, such as a credit monitoring service, which goes for a small monthly fee. A person s credit score ranges from 500 and 850, and this scale numerically defines a person s credit worthiness. Here s how to repair your credit score in the fastest time frame possible. Pay Off Your Debt, And Pay On Time If you re starting to get stuck in a rising pile of debt, especially credit card debt, you can ask a family member to pay off the high interest first, and make arrangements with your family member to pay off what you owe in a month or so. The Five Basic Credit Card Elements There are five basic elements which are taken into account when determining a person s credit score. These include Payment History, Amounts Owed, Length of Credit History, New Credit, and Types Of Credit Used. The basic elements can offer a lot of insight on how to improve your credit score. It would also help if you say no to having a co-signer to your credit. By having co-signers show-up on your credit report, it may actually weaken your case with future creditors. Once a creditor sees that you ve had a co-signer, they ll see you as a high-risk client, and will also ask that you get a co-signer for their loan too. A bad to poor credit score on the other hand, will usually allow you to get higher-interest loans, which are costly to pay in the long term. Always ensure that you regularly monitor your credit score, since if you allow your credit score to drop too low, then it may take a number of years for you to get it back to its desirable range.