How can you raise your bad credit score even when you pay credit cards on time?
Lil M asked:
How can you raise your bad credit score even when you pay credit cards on time and have collection accounts on your credit
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How can you raise your bad credit score even when you pay credit cards on time and have collection accounts on your credit
December 9th, 2009 at 2:33 am
If you’ve had recent defaults, charge-offs, late pays, then you need to understand that you’ll have bad credit for at least 2 years after these major events have happened as your credit rating is most heavily weighted on what’s occurred in the past 24 months. After that time you’re credit rating will start to go back up.
- If you’re carrying large balance on your credit cards, pay those down and get them below 25% of your available balance. This can really help your credit score. CatDad
December 11th, 2009 at 3:02 pm
has a lot of good information on credit score and how to raise your credit score. Linda
December 14th, 2009 at 9:39 pm
Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - creditreport.imess.net Clay
December 14th, 2009 at 11:06 pm
Just keep making regular payments beyond the minimum payment each month on any credit card account that you have and avoid making any payments late.
If you already have late payments, fines on your account, it takes around two years for that to clear, but if you call your credit card companies and ask them to help you, sometimes they can bend the rules and clear up certain things from your accounts that will help your credit score. Marc