Credit Scores

If you want to raise your credit score in 30 days, the first step is to look for any errors on your report. If you find errors, correct them immediately. There could be record of late payments where there weren’t any late …

If you want to improve your credit score in as little as 30 days, one way to do that is by becoming an authorized user. See if you have family or friends with good credit who will help you with your struggling …

If you want to improve your credit score in as little as 30 days, one way to do that is to raise your available credit. Requesting a higher credit limit from an already-established creditor may help to boost your available credit line. …

Although there are methods to improve a credit score fast, re-establishing a good credit score takes consistent behavior and time. Factors that influence a credit score include: • Credit payment history • Length of credit history • New credit accounts • New …

At least once a year, you should order your credit report from AnnualCreditReport.com. Once you get your report, make sure that you recognize the information on your credit report including the following: •name •addresses •Social Security Number •accounts •loans •If you find …

A charge happens when you fail to make payments on a credit account for 120 days or longer. At this point, the creditor may mark the account as “charged off,” meaning they have written off your debt as a loss. It’s a negative …

Foreclosures and repossessions are serious delinquencies and will lower your credit scores considerably for up to 7 years. Lenders see this as…you signed a contract with them to buy a home or car and pay it in full over a period of …

Collections happen as the results of late payments. There are two kinds of collections: Those that have been sold to a third-party collection agency. Those that have been turned over to an internal collection department. Either way, when they show up on your credit reports, your scores will …

Some times things happen that cause you to be late on your payments. When that happens, it shows up on your credit report in certain ways. If 30- or 60-day late payments don’t happen often, they shouldn’t cause lasting damage to your credit score …

If you are 120 days or more late on making a payment, it’s not a good look on your credit report. Late payment reporting beyond the initial 90-day missed payment does not cause additional credit score damage directly. But, it does cause an indirect impact to …