CREDIT REPAIR IMPROVE SCORE CHECKS POPULAR

IMPROVE YOUR CREDIT SCORE FAST

WAYS IMPROVE  CREDIT SCORE

Your credit  score reflects your payment history. How regular you have been in making your Credit card payments. In other words it is a financial tool that reflects how well you have managed your credit.

Your credit score is taken into consideration by lenders/creditors when you apply for Loans-be it a personal loan, home loan, car loan or even if you apply for a new Credit card.

IMPROVE YOUR CREDIT SCORE FAST

Paying your Credit card bills on time is the single most important factor that contributes to  a good credit score. Delinquent payments have a negative impact on your  credit score.

High Outstanding debts adversely affects a credit score .Try to Pay off your entire debts rather than revolving it. Even if your dues are of a small amount . Clear them off.

Once your Outstanding bills are paid off your credit score will rise rapidly.  Pay your credit card bills in full (the Total Amount Due) on time every month . If you follow this strategy regularly you will see a marked rise in your credit score.

Keep your balances low on credit card and other revolving credit.

Pay your Loan instalments or mortgage payments regularly and on time. this will give a boost to your credit score.

Try to use more of your money(DEBIT CARD)  to avoid overspending.Overusing of your credit card may result in high amount purchases which might become difficult to payoff.

Never skip making your credit card payments on the due date as it leads to finance charges and late fees being levied to your credit card which in turn hits your credit score badly.

Always try to make full payments(the total amount due on your card)not the minimum amount due.Paying minimum amount due every month only protects you from late fee charges on your credit card.You are carrying forward high outstanding debts every month which keeps increasing your dues as interest is charged to you every month.This  reflects how badly you are managing your credit.This brings down your credit score rapidly.

Closing unused credit cards accounts to improve your credit score is a useless strategy.this will further lower your credit score as you  owe the same  outstanding balance with few accounts .

Never ever make cash withdrawls on your credit card using your available cash limit.As interest is charged from the very moment you have made a withdrawl .by the time your credit card statement is generated and payment is made on the due date the outstanding amount will go on increasing.

To sum it up, CREDIT IMPROVE SCORE  depends on the negative patterns in your credit report and thE time needed to correct them i.e by paying  your total credit card dues for every month on time will definitely improve your credit score and build a good credit history for you.