Best Way To Raise Credit Score Knowledge Base
Best way to raise my credit score? I had a bad spot where I couldnt work and was int he hospital for about 4 months didnt have health insurance, all my savings were wiped out trying to pay rent etc while not working, my car got repoed and I couldnt pay my credit cards..lost a lot in a short time along with my credit score, 2 years later still trying to pay off stuff , my credit is in the mid 500, and I cannot buy a car house or rent an apt even tho I am working and making payments, I need to raise my score to the national average of about 620 to rent an apt, whats the quickest, smartest way to approach this and are there any agencies out there that would be available to advise me without putting back me in the hole. I liked what rowdy said where/how do I get a read copy of my report, all my cards were cancelled, just got a secured m/c and making payments on time , a friend co-signed a carloan and I have made payments on time for the last 1.5 yrs hoping that should help
Best way to raise credit score is a CC? I checked my credit score because I need a small loan to help pay on the 2 loans I have now (auto and school), because I wasn't working for 2 months. There's a good reason for that, though. On my score page it said I had a bad balance of credit cards and loans out, and I should get a credit card to help even things out, bringing my credit score higher to qualify for a better loan that won't kill me. I know my credit score is a little low because it's new-ish (about a year and a half), but I've got to figure something out quick, or else the car note that I'm late on is going to hurt my credit score even more next tuesday. All that to say, does anyone have a suggestion for a CC for me to get that will help more than harm me?
Best way to raise credit score in 6 months??? Ok, my husband and I was d/c out of bankruptcy in Jan 07, we have only 1 credit card each that we just got and paid our first payment(we paid more than the minimum). We just got our credit scores from Experian and both scores are about 550. We don't want to get too much credit and over extend ourselves. We have a free&clear car, an apt, and I have a couple of student loans in deferment. So, we want a house in Fall of 2008, how do we get our score up in six months??? I'd like to see our score up to 650? Is that too much in a 6 mos period???
What is the best and quickest way to raise my credit score? My credit score is low. I have recently paid off all my major debt. I have about 6 K in savings, no outstanding debt, creditcards ect. I want to buy a house in the next 2 years. How can i raise my score? Thanks
Best way to raise my credit score about 40 points in a very short time? I need about a 640-660 to get some credit that i need to be able to balance transfer my debt to a lower interest card with less monthly payment but i only have a score of 605 Im always on time with payments but the debt isnt going down even though i dont spend any more on the cards Interest is super high and eating my monthly payments so how do i get out of this?? I was told that leaving accounts opn with 0 balance is better due to the fact it shows you have high credit you could spend but you havent spent it, i got advised to rais my credit limits if the companies would give me more credit and then just not spend it as the more credit yopu have unused the better your score, plus if i had the money to pay of the cards i would have done it already, im in this position coz i dont have enough money to pay them off only the minimums of which the interest eats it, hence why i need to balance transfer it all to lower interest card. oh and as for the comment about getting a second job, i run my own business and i have applied for every job i find to supliment my income until my business picks up but nothing works out, i never get replies or interviews and there jsut isnt many jobs going at the moment, so im kinda screwed, gonan be in big trouble soon if i dont lower my monthly payments and interest, can barely afford to feed myself as im making sure the debt payments come first soa s to never be late or hurt my credit more. As to the answer about asking for lower interest or getting a lower interest card well thats what im trying to do unfortunately i cant wait 3 months, im paying over $120 a month and i am cutting food bills and other important needs to be able to pay this and i cant go on like this forever, i have tried a card transfer and my credit is just short of being eligable to do that, and since the interest on my cars practically takes all the minimum i pay each month it never seems to make the balance go down hardly any, i cant afford to pay more than absolute minimums or i wouldnt be able to afford to eat. Im not really worried about my score jsut worried that since i cannot afford to barely buy food as well as paying my credit each month, im worried that a day will come when i am short and my credit gets bad because of a late payment I have bent over backwards to make sure i never pay late and always pay the minimums plus if i had more i woudl but i never do have enough to pay more I have tried applying for different loans and credit cards to transfer or pay off the current debt and have a lower interst but it always ends with me being denied and then thats one more thing on my credit report lowering my score making it even wors so i have no chance of getting credit to pay this stuff off, i have 3 cards with capital one so i suppose i could try contacting them and seeing if they can do anything to help and the same with my 4th card. Just to add, i HAVE tried all forms of consilidation, balance transfers and the like, consolidation companies say they would double my monthly payment which is out of the question as i am trying to reduce it, and my credit score is too low, just, to get any kind of credit card to which i could transfer all my balances from all my cards. No offence but to the peole trying to get me to click affiliate links to companies that probably earn them money if i use their service, forget it, if iw anted to use a compny i would find their site myself and be sure it was legit
What is the best way to raise my credit score? I have good credit but am trying to improve my overall score.... I have a major credit card and a major store card and keep both balances low/pay them off, house loan, car loan and all accounts paid on time. Do I need to obtain more credit to improve the score or should I make a major purchase such as a new car?
What is the best way to raise my credit score? i have paid everything that was on my credit report and since then my score have only moved in 1 direction, down. Can u please tell me how to get my score up.
What is the best and fastest way for my husband to raise his credit score by 40 points? We want to refinance to lock in a fixed rate. (and possibly pay off around $10,000 in credit card debt- but that is not necessary) He has a few late payments on a couple smaller balance accounts that are screwing up his credit score. My credit isn't that great either, plus I don't work (Stay at home mom) We owe $190,000 on our house and it's been appraised (by a relator/friend) for at least $360,000. We know that his credit score will affect the refinance process but we have a few months to try to improve his credit score. Any ideas are much appreciated
how can you raise a credit score quickly by about 50 pts. I know paying bills on time is the way to go but if? a person has only 1 payment that is reportable then it could take a long time to raise scores. suggestions please. also what is the scale for credit rating? thanks.
Quickest way to raise your credit score!? My husband and I worked for the same company about 3 years ago and it unexpectedly closed - and we were both without a job. Due to this, we drained our savings while we tried to find new jobs. I still have not. We have several charge offs on our credit. We have three open accounts now in good standing (have never been late)! Should I pay off all the charge offs? And if I pay the balance will they remove it from our credit report? What is the best way to raise the overall score quickly other than just paying your bills on time. We don't have credit cards any longer - they along with other bills are now charged off on our credit. I need to know since they are around 2-3 years old if I should pay them off and if I pay them off will they remove it from our credit?
A good and efficient way to raise your credit score? I am looking to raise my score, which is now, consequently, not as high as I'd like it to be (its in the low 6's) I have already checked out a site called prosper.com to try and find a personal loan financer, but I figured out the game pretty quick: if you have below a certain credit rating it does not matter how much interest you are willing to pay, no one will touch you. So, I was wondering if there was anything else (besides paying my bills on time, which I have begun to do religiously) that would help to raise my score?
What would you say would be the quickest way to raise your credit score? I am looking forward to purchase my home next sept and I want to know your opinon on what would be the best way to raise my credit score. It seems to be stuck and not moving up or down.
What is the fastest way to raise your credit score? My husband and I hit a financial hard spot about a year ago. Since then we have worked hard to catch up on all our bills and pay them on time. We would like to buy a house in about 3 years. (We own a condo at the moment) Would 3 years be long enough to raise our credit scores? Other than paying our bills and paying off some of the balances that we owe is there another way to raise our credit scores? We plan on keeping our credit cards once we get them paid off because we were told that as long as we charge something once a month and then pay that off every month it will help with our credit score. Any other advice?
What is the quickest way to raise your credit score 100 pts? We are working our way to buying our own home and only have 50 pts to go to get approved, but I would like to raise it a little more than that so we can get a little better rate. Would it be quicker to get a secured credit card that reports to the credit bureaus or is there a better way? I have several judgements (civil small claims) from landlords in the past, and also some collections, mainly from the hospital bills. Is it true that both of these will stay on your report wether you pay them or not? I have heard that sometimes when you pay off everything it actually lowers your score even more... Any advice is appreciated.
Is getting a car loan a good way to raise my credit score? I always pay my bills on time and I have absolutely no debt(never have). I have the money to buy the SUV but should I finance half to raise my credit score? Obviously, I'll be spending a little more for the interest rate. Which would be better, a personal loan or auto loan? Thanks!
If you want to raise your credit score would it be best to pay off your credit cards at the end of the month? Or would it be best to leave a balance and the end of a month to increase your credit score?
Which is a better way to raise your credit score...? I have enough money to pay off what I put on my credit card just a few days ago, but will I get a higher score if I pay it off slowly over a few months? Which way will give a higher score? Paying it off right now, or letting it go for a while. gomanyes..., don't overstate the obviouse...if I knew about these things why would i be asking about them...also I have never had the money to pay anything off fully, niether have my parents, this is a first for all of us which is why I am asking...
What is the best way to Improve my Credit Score.? My score is 658 now. I have 6 open credit cards with about 20,000 balance. I do make all payments on time every month. I want to raise my credit score to above 700 level. I am in the process of refinancing my mortgage. Please Help.
What is the best way to Improve my Credit Score.? My score is 658 now. I have 6 open credit cards with about 20,000 balance. I do make all payments on time every month. I want to raise my credit score to above 700 level. I am in the process of refinancing my mortgage. Please Help.
Which will be the better way to raise my credit score? I have one positive thing and one negative thing on my credit. The positive thing is a car loan that is in good standing. The negative is a hospital bill for $400.00 that is still owed and is closed. My score is 598 and I have never had a credit card or anything else on my credit those are the only two things. Would it help my score more to pay off the medical bill or get a credit card and just put gas and pay it off at the end of each month?
To raise credit score should i pay off credit card immediately or stretch out payments over a few months? I don't have debt by any means, first and foremost. I am just starting to live on my own and build my credit and stuff. I got a credit card to help me do that and right now my balance is around $600. I can easily pay this off in one month and not think about it again but i heard that won't raise your credit score any. Someone told me that it is good to leave some balance on your credit card. So, I was wondering should I stretch out the payments over a few months? I would like educational answers only please. I want to do whatever is best for my credit score.
My credit score is at 680, but I need it at 700 to get a mortgage loan. Any way to raise my fico score fast? We need to close on the loan by Feb. 1st. We are selling our house and paying off our debt with the proceeds from our sale. Will this raise our score? Would it be better to pay off credit cards (we have two with $1400 balance each. Or pay off two bank loans (one for a car and one for a consolidation loan)?
What is the fastest way to raise your credit score? I have about 16 credit cards and I wasn't sure if I should payoff the high amounts first or pay the lower amounts and close those accounts.
Is there any easy way to raise your credit score 30pts to get a house? I am trying to buy a home and my credit is not great, I can get a loan but I am afraid of the payments and percentage rate.
What are the best things to do to raise your credit score the fastest? I guess what I want to know is this. I know to pay off bills and to pay them on time. But, will it help by taking old payed off info and closed accounts off of my credit report?
Should I increase my credit card limit to raise my credit score? I currently Have a Platinum Mastercard with no balance on it, and I want to keep it that way using it for only small purchases. My credit line is for $10,000 as of now, should I increase my credit line to $20,000 and keep no or a minimal balance on it to help my credit score. Will that be beneficial to raising scores and receiving good interest percentages on home loans and car loans in the future? I really just want to have the best score possible to save the most money later in life.
does anyone know of a sure fire way to raise your credit score w/ out all the gimmicks? other than the known..."pay your bills on time" and open new credit and show it being paid over time?"
my credit score is 470 )= what would be the best way to raise it? i need to raise it about 100 points but how do i do it? if i started paying off creditors how much would it go up?
how to raise credit score? I'm trying to raise my credit score and my score is a 486. I started paying what I owe and my score doesn't even raise after several months. Are there other ways to improve the credit score because i'm trying to finance a car and been turned down left and right. Thanks
Raise credit score? Whats better to raise credit score, paying off just one large amount or multiple small amounts of credit card debt?
Advanced Strategies to Raise Credit Score? I'm working real hard to raise my credit score. It hasn't been good for a long time. As a result, I am paying very high rates for a car loan. Here is what I've done and am doing, however I am looking for more strategies if there are any. It may just be sit and wait: 1. Am paying off all negative entires. (They're not that bad, less than 1,500 in total). 2. Have paid car note for one year so far, ZERO late. 3. Have opened credit account at Electronics Store (600.00) limit, paid about 3/4 of a year, ZERO late. 4. Opened TWO secured credit cards. 700 Limit and 300 limit. ZERO late, however balance is a bit higher than 30% of limit. 5. Opened UNSECURED credit card. Two month history ZERO late. 6. Have not added additional debt. What else can I do to raise my score? Any thoughts? Thank You.
I heard you can raise credit score if someone add you to their credit line? I heard you can raise credit score if someone add you to their credit line, does that person need to have a good credit score in order for your credit score to go up?
Will Car Payments Raise Credit Score??? I just purchased a car about 3 months ago (this month will be the 3rd payment), and got financing for it even though I have hardly any credit history/BAD credit history(only 2 bad accounts that total $900, but never had any other kind of credit or anything to make payments on). My first couple payments have been on time, and there should be no problem in paying every payment on time. The total financing for the car was $17,755 for 62 months. I am on my 3rd payment this month. I understand that this is a pretty big investment and will help build my credit, but I just wanted to know how long will it take to begin raising my credit score, and how much I should expect it to raise, if every payment continues to be on time? ****I checked with my loan company AND THEY DO report to all 3 credit bureaus....****
optoutprescreen to raise credit score ? im looking to raise my credit score by 30 points to qualify for a certain mortgage loan. i heard signing up for this optoutprescreen it could raise your score from 5-25 points. anyone had any experiance from this? any other ideas besides using credit cards and paying them off in full? i really have all my debt paid off besides my auto loans.and some school loans.
How to raise credit score after ID theft? I am a victim of 4 year long case of I.D theft. I was unable to have credit in my name during this time, as a result my credit score is very low I am 37, I do -not owe any bills. I have a low paying job no children & my car is paid for how can i raise my credit score
Is there any way to raise your credit score in a few weeks by up to 10 points or so? Yes, if I can get it raised by about 10 points I will be in the next "bracket" on the points system. The bracket that goes from Very Poor - Poor, Fair - Good - Excellent. I think those are all of them.
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