Is there any quick way to raise your credit score if you have past due bills?

Public Comments

1. No
2. why do you want a high credit score?
3. I haven't been able to find out, the only way for sure would be to paid off the most and keep a lower monthly payment so that way you credit report will show a good standing situation in your finances.
4. pay them
5. That completely depends on the individual. Please Note: I AM NOT a credit specialist. Anything listed here is from personal experience and should not in any way be construde as professional advice... Having said that... With regard to the late payment...you absolutely have to bring it current. And once done, you can do a couple of things... zero it out or continue to use it. Either way, when deciding what to do, keep in mind the following (which applies to all unsecured debt). 1. Absolutely, absolutely... do NOT ever close any account. Zero it, but DO NOT close it... This is because one criteria for determining your credit score is how many and how long you have had credit lines open. The longer the better... I have had clients where a late charge dropped them 70 points because they didn't have a credit history. In other cases, it barely affected them. 2. Look at the percentage of available credit you are using... Creditors see some one that has maxed out their credit cards as a potential risk. Better to have three credit cards that have balances of 50% or less on them than three accounts where one card is maxed and the other two with nothing... 3. Look very closely at your credit report. Sometimes information is left out that causes a lower score than you should have...For instance, I have had clients receive a lower score because the credit report imported a balance on a credit card, but not the limit. That is interpreted by the credit report as a saturated card. 4. Make sure and get a "tri-merge" credit report. It is one report that pulls information from all three of the credit agencies. Scrub it for accuracy. If there is incorrect information, file a dispute report (you can do it on line) to correct it. There are a number of places that you can get a tri-merge report. All three credit agencies -- Experian, Equifax and TransUnion have a product that allows you to pull all three at once and if you pull your own credit from one of these agencies, it will not account against you on your credit report. Beware of offers saying they can get you a free credit reports -- it is likely to be considered a "hard" or "negative" pull. Only let other people pull your credit when it is for legitimate reasons -- i.e. a home or car. 5. Lastly, remember that credit reporting agencies do not know what your income is, only your debt. I hope this helps you, but please remember again that I AM NOT IN ANY WAY a qualified or certified credit specialist or professional, so I suggest that you speak to a professional: lender, broker, or tax specialist before applying anything I have listed here. Good luck!... P.S. Also, I have supplied you with a link that will take you directly the FTC's website. There you will find many different "brochures" tailored specifically to the consumer.
6. There is some useful tips here.