What can I do to raise my credit score fast?
October 10th, 2012 | Author: Kayla Hammons
[H]aving a low credit score can negatively affect many areas of your life. If you are looking to qualify for a loan, or even get a cell phone, companies will pull your credit report. Through this information they will see your credit score. This score will give them the data they need to determine whether to qualify you for that loan or approve you for your cell phone. There are so many big financial decisions that rely on having a good credit score. If you do have a low credit score you might be asking yourself, what can I do to raise my credit score fast ?
Sadly there is no quick fix for you credit. In fact, it is much easier to destroy your credit with a few missed payments than to build it back up again. This can seem frustrating, but there are helpful tips to assist you in repairing your credit. The first thing that you will need to do is order your credit report. You will look at your information and make sure that you are aware of
all your accounts. This is also the time when you should make sure all of your data in your report is accurate. If there is false information you should dispute it, because this can negatively affect you.
You may still ask yourself, what can I do to raise my credit score. It may seem like an uphill battle. Sure, raising your credit score isn’t overly easy but it isn’t hopeless. If you manage your payments, and start paying down your accounts, then your credit score will improve. You want to have the highest score possible to guarantee you approval for the credit you desire. You want to make sure that you don’t close any unused credit accounts, because this will reflect negatively. You also want to stay under your limits on all your cards. This is a balance of maintaining your credit accounts and keeping them in good standing.
It may seem tricky to maintain good credit, but it is consistency that is the key. As long as your payments are on time over an extended period, you will have a great credit score. You will no longer be asking yourself, what can I do to improve my credit score ?