How to improve Highmark credit score in 2025?

 

To improve Highmark credit score, it involves a combination of strategies and techniques that focus on building positive credit habits and addressing any negative remarks.

You may know Highmark credit score is one of the 4 credit scores available in India, typically ranges from 300 to 900.

Here are some steps you can take to improve your score:

1. check your Highmark credit score &report for errors

• To improve Highmark credit score, an individual must get a copy of your credit report first and review it properly to find out any mistakes and negative remarks. Dispute any inaccuracies, such as incorrect late payments, wrong account details, even for any loan account, that is not updated properly after repayment.

2. pay your debts on time

• Your payment history is one of the most important factors in your Highmark credit score. Always try to pay your debts (credit card bills, EMIs of ongoing loans etc.) on time. If you're struggling to maintain, opt for auto debit options.

3. maintain credit card limits properly

• Always maintain the credit card utilization under 30% of your total credit limit available. If possible, pay off the excess balance that you used before the bill of that month was generated, this helps you to use the utilization limit of that credit card smartly without impacting your Highmark credit score.

4. avoid opening new loan accounts if not necessary

• Every time you are applying for a new loan, it may result a hard enquiry which can impact your Highmark credit score, and significantly lower your Highmark credit score. So, maintain a habit of applying for a new loan account only when it is necessary.

5. maintain a healthy credit mix

• Having a variety of loan types such as credit cards, gold loans, personal loans, etc. can help you to improve your score. So always, try to get various types of loans so that the ratio of your secured credits and unsecured credits can be maintained properly.

6. try to keep existing loan accounts open for long times

• The length of your credit history is very important to maintain a healthy Highmark credit score. Avoid foreclosing your existing loan accounts as they can help you to improve credit score by showing a long, established history of responsible credit use.

7. find out negative marks of your Highmark credit score &report

• If you fail to pay EMIson time for your existing loans or credit cards, try to pay them as soon as possible. Most often the lending institute authority removes the negative remarks as soon as you pay them back their due amounts against your credit facility.

8. use a credit score builder loan

• Some banks and lending institutes offer credit score builder loans like secured credit card&mortgage loans.This credit builder loans helps you to improve your score by showing that you are reliably paying the loan amountfrom time to time.

9. check your credit score very often

• Use credit score monitoring tools like Highmark official website and apps to keep track of your score and get notified if there are any major changes. This way, you can stay on top of your progress.

Improving your credit score takes time, so be patient and consistent with these actions, or else you might take consultancy from a credit consultant, as their knowledge and experience can help you to improve Highmark credit score, in a better way with efficient steps.