Fast Credit Repair - The Top 10 Fastest Way
Fast Credit Repair, the how and now!
You are in a little spot of bother, maybe a few credit spot fires here and there, that need putting out?
These best way to improve your score fast are the methods described below, I’ve been scorched from a bad credit score in the past and want to share my tips so you don’t get burnt.
You are not alone with needing to fix your credit report fast.
There are currently 30 million plus people in the United States that have credit scores under 620.
I was shocked to read that only 27 percent of consumers understand that scores measure credit risk.
Top 4 Ways:
First you need to get 3 copies of all your credit reports. You can get them from annualcreditreport.com or Equifax, Experian and TransUnion. There are also many other places but be careful of scams, they will tray and steal your identity.
Avoid Bankruptcy
This is the fastest way to improve your score, one you are bankrupt you can find yourself struggling for years to get back to the top of the financial heap,just getting off the floor can be a major struggle. You can loose 200 points form becoming bankrupt.
Pay Your Bills On time
Use direct debt online bank accounts or get it moved directly from your pay packet each week to avoid any avoidable mishaps. Missing your payment by more then 30 days can have serious effects on your credit score.
Resist Closing Down Old Accounts
It seems rather counter intuitive but it’s one of the best ways to improve your score. See if you close down and old account you will delete all your payment history. When the credit companies add up your credit scare they take into account your past credit payments so they need a destroy to do this, if you close an account down then you effectively erase all your credit history.
Don’t Consolidate Your Accounts
This is similar to the above point as you will erase all your credit history if you go about closing your accounts down, you may think you are doing well consolidating but that’s where you are wrong, see you may save a bit with a lower combined interest rate but it’s not worth erasing all your credit history for.
Try and get some counseling if you fear you are getting behind on your repayments - as that is the most effective way to prevent you from damaging your credit report, be vigilant and get on any spot fires early before they turn into fire storms that can destroy your future credit score.
Remember Fast Credit Repair is not easy it takes dedication, but form a plan and just stick to it, like anything in life what you seed with grow if nurtured well.
Please feel free to leave any comments or questions I can answer.
