whats the quickest way to bring up my credit score? mine is terrible and im not sure why? i have three credit?
cards that I have never been late on, a secured bank loan that I have never been late on, and a new car, well it was new two years ago, that I have never been late on, there are some negative marks on my credit, and I have lexington law working on removing those. but my score just doesnt seem to come up! what can i do?? i am a responsible, trustworthy, hard working person and i have a toliet credit score!!!
Public Comments
- It sounds to me like you should have good scores. The two best ways to raise your credit score are: 1) Pay your bills on time (you already do!) 2) Remove negative information (you're working on that) It is kinda hard to assess what may be going on with your scores....I need some more information. What I can see from here, though is that your scores may be a tad lower if your credit lines are relatively new. If you have been applying for credit, that can also lower your scores. If you have high balances on your creidt cards (if you carry balances of 40% of your limit or more), that can also lower your scores. Hope that helps.
- 1) All credit card balances need to stay under a 25% average (its okay if you have a little more on one if you have less on another.) of the limit. This is called "Utilization ratio" and makes up 30% of your score. 2) No inquiries!! 3) Keep your accoutns open as long as possible-- the longer you've had the same credit cards, the better. Adding NEW accounts drags down the average account length. Just a few "negative marks" (old collections maybe?) can really mess up the score. You dont need a lawyer unless something's unusual-- just pull your reports online and dispute all negative remarks- you'll know the results in 30 days.
