How to improve FICO score quickly?

FICO score is a credit score developed by Fair Isaac & Co. Credit scoring is a method of determining the likelihood that credit users will pay their bills. Scoring has become widely accepted by lenders as a reliable means of credit evaluation. A credit score attempts to condense a borrower's credit history into a single number. The score you will receive will always fall between 300 and 850, with the higher the score, the better. Lenders who are looking at FICO scores are determining their lending risk. So, in order to make yourself attractive to financial institutions you hope to borrow money from, you need to raise your FICO score as high as you can. Here
are few steps to follow:

Step 1:
Just check your credit report! Determine how much improvement you need to make your score attractive to prospective lenders.

Step 2:
If you have overdue accounts, get them paid and keep them current. The longer you keep all your debt current, the better it will look on your credit history. This will lead to a better FICO score.

Step 3:
Settle any accounts that have gone to collections. This will help your score in the future, if not immediately.

Step 4:
Keep balances on any kind of credit card or “revolving credit” low. When you have high balances, they can be a huge detriment to your FICO score.

Step 5:
Pay off debt instead of moving it from one place to another. Paying off the debt, or lowering the amount owed, will increase your score.

Step 6:
Open new credit accounts responsibly and pay them off each month. Showing a good payment history over time will raise your FICO score.

Step 7:
Keep open accounts you already have. Closing current accounts will not help your FICO score, but keeping them paid on time will.

Step 8:
Check your credit report at least once a year, to determine how well you are doing at improving your FICO score and to make sure it is not actually getting lower.

Step 9:
Create a budget, including a payment schedule of all your debt, and stick to it.
All these steps are practically done and don’t involve any kind of risk.