Comments on: How can I improve my credit score of 607? http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/ Mon, 01 Aug 2011 19:38:35 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Smoovy Loco http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3917 Smoovy Loco Sat, 21 Mar 2009 22:56:14 +0000 #comment-3917 I have some tips for you 1. If you know a close friend or family member with excellent credit, ask if they would add you to one of their credit cards as an authorized user. You won't need a card as it would be for reporting purposes only. Whatever activity shows from the time that you're added will be added to your report as well. That alone will give your score a boost. 2. Apply for a secured card. Although you may get turned down for regular credit cards, you can still try to for a secured one. You would, however have to put a deposit upfront to secure the same amount in a line of credit, but the deposit goes into a savings account that's gaining interest in the meanwhile. Also, you can increase the credit line by adding to the deposit ever so often, which will look better in the long run becuase it would show that you're reponsible with higher limits. Managing the card properly by not maxing it out and paying on time for a year usually qualifies you for other offers for better cards, and the deposit returned back to you with interest. I have some tips for you

1. If you know a close friend or family member with excellent credit, ask if they would add you to one of their credit cards as an authorized user. You won't need a card as it would be for reporting purposes only. Whatever activity shows from the time that you're added will be added to your report as well. That alone will give your score a boost.

2. Apply for a secured card. Although you may get turned down for regular credit cards, you can still try to for a secured one. You would, however have to put a deposit upfront to secure the same amount in a line of credit, but the deposit goes into a savings account that's gaining interest in the meanwhile. Also, you can increase the credit line by adding to the deposit ever so often, which will look better in the long run becuase it would show that you're reponsible with higher limits. Managing the card properly by not maxing it out and paying on time for a year usually qualifies you for other offers for better cards, and the deposit returned back to you with interest.

]]> By: lilpuppy6 http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3918 lilpuppy6 Sat, 21 Mar 2009 22:56:14 +0000 #comment-3918 DO NOT apply for any new credit. Only a "secured card" will work now...orchard bank has those for a minimum of $300 to get one. OR if you know someone you can trust, and that trusts you..who has excellent credit, ask them to make you an "autorized user" on their credit account...NOT a "joint account holder". They don't have to physically give you the new credit card, but in a matter of days their positive credit history will boost your score possibly over 100 points. (I have done this). good luck. DO NOT apply for any new credit. Only a "secured card" will work now…orchard bank has those for a minimum of $300 to get one.
OR
if you know someone you can trust, and that trusts you..who has excellent credit, ask them to make you an "autorized user" on their credit account…NOT a "joint account holder".
They don't have to physically give you the new credit card, but in a matter of days their positive credit history will boost your score possibly over 100 points. (I have done this).
good luck.

]]> By: Ken http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3919 Ken Sat, 21 Mar 2009 22:56:14 +0000 #comment-3919 Read http://www.wisegeek.com/how-is-a-credit-score-determined.htm Read http://www.wisegeek.com/how-is-a-credit-score-determined.htm

]]> By: B.B http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3920 B.B Sat, 21 Mar 2009 22:56:14 +0000 #comment-3920 607 is getting there and get a unsecured credit card, thats what I did from Orchard bank 607 is getting there and get a unsecured credit card, thats what I did from Orchard bank

]]> By: farran abat http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3921 farran abat Sat, 21 Mar 2009 22:56:14 +0000 #comment-3921 In the eyes of creditors no credit history is the same as a bad credit history. You may get away with paying cash for your car but when you buy your first home it will come back to haunt you. Even if you can afford to borrow or pay cash try opening an account to buy your furniture, automobiles, or home improvements. A diverse credit background will help with your credit score. 2) Your credit report tells all. Do not lie or stretch the truth to lenders, banks, or employers. They will easily catch you and the consequences are not worth it. 3) Do not cancel credit card accounts to improve your credit. The intended affect may be the opposite of what you expect. You can hurt your credit by canceling your credit cards; especially if you have a long history with the account. Losing a ten or twenty year credit history isn't worth it. If you absolutely must stop using a card, try shredding it. An open account that doesn't have a balance looks far better then no credit account at all. 4) Starting early is always better when establishing credit history. Getting a teenager or college student a credit card is a great way to get their history started. For those who don't trust their child's judgment yet there are many prepaid cards that report to credit bureaus. Read more about it at:http://www.credit-card-gallery.com/article/136,Seven_Must_Know_Credit_Tips In the eyes of creditors no credit history is the same as a bad credit history. You may get away with paying cash for your car but when you buy your first home it will come back to haunt you. Even if you can afford to borrow or pay cash try opening an account to buy your furniture, automobiles, or home improvements. A diverse credit background will help with your credit score.

2) Your credit report tells all. Do not lie or stretch the truth to lenders, banks, or employers. They will easily catch you and the consequences are not worth it.

3) Do not cancel credit card accounts to improve your credit. The intended affect may be the opposite of what you expect. You can hurt your credit by canceling your credit cards; especially if you have a long history with the account. Losing a ten or twenty year credit history isn't worth it. If you absolutely must stop using a card, try shredding it. An open account that doesn't have a balance looks far better then no credit account at all.

4) Starting early is always better when establishing credit history. Getting a teenager or college student a credit card is a great way to get their history started. For those who don't trust their child's judgment yet there are many prepaid cards that report to credit bureaus. Read more about it at:http://www.credit-card-gallery.com/article/136,Seven_Must_Know_Credit_Tips

]]> By: See Saw http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3922 See Saw Sat, 21 Mar 2009 22:56:14 +0000 #comment-3922 get a secured credit card get a secured credit card

]]> By: SAM http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3923 SAM Sat, 21 Mar 2009 22:56:14 +0000 #comment-3923 You can raise your credit score and eliminate your bad credit history. I know one best webiste on offering some great tips and resources How to Evaluate and Raise Your Credit Score Its a policy voilation of yahoo if i post any link here. Just mail me at solidoffer11@yahoo.com with subjet- Raise Your Credit Score . I will send a link of best website where you can find best tips and resources you never heard. Best wishes You can raise your credit score and eliminate your bad credit history. I know one best webiste on offering some great tips and resources How to Evaluate and Raise Your Credit Score

Its a policy voilation of yahoo if i post any link here.
Just mail me at solidoffer11@yahoo.com with subjet- Raise Your Credit Score . I will send a link of best website where you can find best tips and resources you never heard.

Best wishes

]]> By: harish http://www.reducecreditdebt.info/how-can-i-improve-my-credit-score-of-607/comment-page-1/#comment-3924 harish Sat, 21 Mar 2009 22:56:14 +0000 #comment-3924 Small steps like paying your bills on time and using only part of the credit available to you. Also use your credit cards for making small payments regularly, so that it is reflected in your credit record. More tips available at http://www.acreditlibrary.com/buildcredit.html Small steps like paying your bills on time and using only part of the credit available to you. Also use your credit cards for making small payments regularly, so that it is reflected in your credit record. More tips available at http://www.acreditlibrary.com/buildcredit.html

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