Quickly Increase Credit Score
Question
How can I increase my credit score quickly?
Mary J.
Answer
Hi Mary
Good news…there are many ways to improve your credit and there are things you can do today to see some improvement quickly.
1) You have the right to dispute any negative item that you question as being accurate, obsolete, unverifiable or misleading. Audit your credit report and challenge any questionable negative item to make your report as accurate as possible.
2) By off or pay down your balances. If you have old collections, charge offs, judgments or tax liens, you should resolve these and get these satisfied. Also, any revolving accounts need to be paid on time and keep the balances low, usually below 30% of your available credit.
3) Build positive credit. You should have a good mixture of revolving and installment credit on your credit reports. And, continue to pay on time!
4) Lastly, check your credit often. Make sure there are no mistakes and make sure no one is pulling your credit. Inquiries can lower your score.
If you would like a customized personalized solution to increasing your credit score, please don’t hesitate to call us.
Thanks,
Candice
Tags: Ask Candice, Credit Score