Improving your Score

Pay your bills on time. Sounds simple, but this is the biggest thing you can do to keep your score high. Delinquent payments and collections have a major negative impact on a score. If your payment is not going to be on time, make sure it is not 30 days late. Keep your balances low on unsecured revolving debt like credit cards. High outstanding balances can affect a score. The amount of your unused credit is an important factor in calculating your score. You should only apply for credit that you need. Use a reputable credit repair, like Credit Repair Consultants, to help repair negative outdated, misleading, inaccurate, incomplete or unverifiable information on your credit reports. Look for a company that does not charge for “time” like a monthly fee or annual fee, but rather will only be paid after providing results. Research shows that the longer you stay with the credit repair process the better results you will be able to achieve. Just remember that it probably took years to get the negative information on your credit report. As a general rule, you should be prepared to stay with the process for one year, unless completed before then.