WHAT IS THE BEST SUGGESTION WHEN REPAIRING YOU CREDIT SCORE

WHAT IS THE BEST SUGGESTION WHEN REPAIRING YOU CREDIT SCORE?

4 Responses to “WHAT IS THE BEST SUGGESTION WHEN REPAIRING YOU CREDIT SCORE?”

spiritedrinoa Says:
January 4th, 2010 at 12:48 pm

Repairing credit can take a while, so be patient.

1) Make sure that all your payments are getting made on time
2) Pay more than the minimum payments on your credit cards to try to alleviate some debt
3) If you have credit cards, the balances on the cards should be brought down from the max rate as much as possible, on all cards (don’t horde all the debt onto one card, how close you are to your credit max is just as important as how much debt you have all around)
4) Get your free annual credit report at https://www.annualcreditreport.com and review it carefully. Make sure that any credit cards you requested closure on are actually noted properly (sometimes the report might say that it was charged off or closed by the bank, although you requested the closure). Get any errors corrected ASAP

Best of luck!

mrs_beancake Says:
January 4th, 2010 at 12:48 pm

pay your bills on time and pay more than the minimum! and be patient.