Can I improve my credit score quickly?

jbarto65 · Joined: 04 Nov 2007 Posts: 627 0.00 Dollars($)

True fireyone, I am learning that the hard way, you never know how much good credit means until you have bad credit, I have been fighting this demon for a while now, it is a long road and one of the hardest tasks that I have taken on. If I would only card this much 5 years ago, I would not be in this mess.

All I can do for now is to clean it up and keep it clean from there.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.03 Dollars($)

Well there is no sense looking back. Its time to look forward. With all your hard work you will be fine. I have learned from some of my mistakes to. Guess it is all about growing older and wiser. lol

AlaskaDES · Joined: 04 May 2008 Posts: 27 12.39 Dollars($)

Great advice from everyone, especially Samantha.

Granted, fixing your credit does not happen overnight, but its a simple strategy. Ideally, it would be best to have low balances and pay less interest on everything, having high credit limits is a good thing, showing companies that you use only a small percentage of your available credit.

Its when people max out cards or go over limit impacts your scores significantly. More significant than that is closed or charged off accounts. Its good to have open accounts because it takes years to show creditors that you have good history.

Paying minimums may be an alternative, but what I suggest is having a separate budget for all your debts. The quickest way to zero may need to be established. It will give you great leverage on your abilities to pay everything off quicker.

Good Luck with your situation, and welcome to the forum.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.03 Dollars($)

Good ,points alaska. Working hard to fix your credit is a task sometimes overwhelming but if steadily worked on the end results are wonderful.

jbarto65 · Joined: 04 Nov 2007 Posts: 627 0.00 Dollars($)

It is definately a long drawn out process that takes time and dedication, it is sometimes good to take a break from the stress of it all and not look at the results, then you will see some type of result, good or bad, hopefully good.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.03 Dollars($)

Everyone these days has too much stress. I am glad to see that you take a break from time to time. We all need breathers.

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