Credit reporting agencies look at a number of different factors in determining your credit score, the most important of which are payment history and the amounts owed on your credit lines. Using a credit card responsibly, and paying off the balance in full and on time, is the most effective way to improve your credit.
In fact, according to the entity that invented the FICO credit score, “Having credit cards...with a good payment history will raise your FICO Score. People with no credit cards tend to be viewed as a higher risk than people who have managed credit cards responsibly”. Read more here
Additional features planned for Debitize include tools to help you automatically optimize your amounts owed that are reported, as well as other tips and recommendations to help you improve your credit score.