HOW TO RAISE YOUR CREDIT SCORE

favors · Joined: 17 Apr 2008 Posts: 7 4.00 Dollars($)

Hello, How many months does it take to raise your credit score?

Niicss · Joined: 03 Oct 2005 Posts: 1047 156.15 Dollars($)

Welcome back favors,

You should make your payments on time and no late payments to improve you credit. At least if you can make on time payments for 6 months of all your due debts then it will show an positive impact on your credit report.

Let me know if you have any further questions.

gmakerley · Posted: Fri Apr 25, 2008 7:45 am Post subject:

favors, that is way too open-ended a question.

part of the answer will be predicated upon just how low your scores might be at the moment, and how much work needs to be done.

i think a 6 month timeframe is possible, but i also believe it is a minimum amount of time; be prepared to slug it out for a longer period of time.

fireyone_02 · Joined: 20 Mar 2008 Posts: 281 2.17 Dollars($)

I agree here again..it really depends on the shape of your credit. If you give us a little more detail we may be able to assist you better.

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

True fireyone, the shape of a credit report will make a big difference. I have paid off a few things that were negatively reported, they are still negative but show paid off, which does absolutely notheing for my scores. They will fall off over the next two years, so I am going to wait it out and in the meantime, do my little accounts, make monthly payments on time and hope that when they fall off and my positive reports will have a big impact once things start falling off. I know it will take a while, it did not get this way overnight, so I don't think that I can fix it overnight.

info · Posted: Wed Apr 30, 2008 10:09 am Post subject: hello

the answer to there question

you have open up trade lines or added tradelines to your credit report
2-6 yrs good history payment and 6 -8 remain payment and 10% Balance

or get Authorized Users

Link deactivated per the forum rules.

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

Do you really think that you need 5-6 years, I have always heard that 2 years of steady on time payments will make a difference.?

info · Posted: Wed Apr 30, 2008 11:45 am Post subject:

between 2 yrs to 6 yrs good payment history for a real trade lines or get Authorized Users

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

Trade lines confuse me, could you explain more about them, can you go into some detail about them about what they are and what types of loans are considered in this catagory.

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

To legally improve your credit profile, you should:

Remember to pay all your bills on time. When you are delayed or delinquent in a payment, late fees are charged, more interest accrues and your credit health is negatively affected.
Apply for a department store card or gasoline credit card, which are often easier to qualify for, and pay those bills on time.
Contact your card issuer immediately if you were unable to pay your bills on time, or if you have found an error in a bill. Be sure to make any complaints, and get corrections, in writing.
Maintain a small number of credit cards and close unused accounts. Creditors look at your potential for going on a spending spree and falling too deeply into debt. The more credit cards you have, the larger your debt potential.
Keep your debts reasonable. Financial experts say that, as a rule, non-mortgage debt payments should not exceed 10 to 15 percent of your take-home pay each month. If your debts are higher than that, try to reduce them before applying for another loan.
Avoid unnecessary inquiries. Any time you authorize a creditor or other business to check your credit report, an inquiry is added to your report. If you have a large number of inquiries in a short amount of time, creditors may infer that you are either applying for too much credit because of financial difficulties or taking on more debt than you can repay.
Order a copy of your credit report at least once a year from each of the three credit reporting companies to stay on top of changes to your credit profile and to check for identity theft.

info · Posted: Thu May 01, 2008 5:52 am Post subject:

with in 45 or less

thank you
mr leonard

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

of what?

0.10 Dollars($)

some one ask how long do it take trade line show up on credit report within 45 days or less

Niicss · Joined: 03 Oct 2005 Posts: 1047 156.15 Dollars($)

Hi,

Trade line to show up on your credit report takes at least 30 day but it may even take 60 days to show up on your credit report.

Let me know if you have any further questions.

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

The time it usually takes to raise your credit score has a few factors

1) Its present condition
2) Your responsibility in respect to your scores
3) Your ability to minimize your liabilities, aka your balances.

You can impact your credit score positively by tackling all three.

1) Look over your credit score, check for errors, see what can be done to delete negative information such as charge offs or paid off debts.
2) Being responsible with your credit by not using what you can pay back. Having a large credit limit and only using a small amount can do wonders for your credit score.
3) Find the quickest possible way to pay off your liabilities can drastically improve your credit score. As long as you make timely payments, it will help. If you can afford more, even better, but if there was a way to effectively "consolidate" your debts without consolidation loans or programs, it would be great. Having a budget for your debts will do that, and this will ultimately get your balances to zero.

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