text: anyone out there frustrated about their credit rating? heres the deal: im 20 years old, i have had credit history for about 3 years i have done excellent with making my payments and also paying off my credit, however i only have an average rating and its tough to get approved for anything.... grrr establishing a great credit rating can be challenging. but there are some steps you can take to significantly improve your rating if you know what to do (and what not to do). for example, don't open up a bunch of low-limit credit cards. each time someone does a credit check on you, it may affect your actual score (lowering it)...  i'm not a financial advisor, but i did get some great tips from a reputable one. i really recommend you talk to someone you or your family has already dealt with, like a mortgage broker or loans officer, or even someone at your bank...