Those are some primary areas to focus on for quick credit repair when you need to get a bump up in your credit score. These areas will help move the needle a little, if done effectively. But to make real, substantial changes in your credit score and history will take some time. To get an honest assessment on your current credit health, it might makes sense to start with a credit consultation from a professional credit repair firm.
I was actually scammed by The Alternative Loan Machine $4,200. I know them. They are local to me. I paid them for work on my credit that they assured me would be done. It wasn’t done. They promised a refund. It’s been 3 months and the refund never came. Now, no one answers their phone, returns calls, or is on line at their chat “Help Desk” anymore. All the assurances of preventing scams and ensuring work, ended up all being B.S.
If one of your family members has good or excellent credit, ask to become an authorized user on one of their credit reports. As an authorized user, your relative’s account will be added to your credit reports. And as on-time payments are made, the resulting positive information will help to lessen the impact of your past mistakes. That will lead to credit-score improvement.
Obviously, the higher the utilization percentage, the worse you look. Experts have long said that using 30% of your available credit is a good way to keep your credit score high. More recently, that recommendation has been reduced to 20%. In the $5,000 limit MasterCard example above, 30% utilization would represent a $1,500 balance. Boosting your credit limit from $5,000 to $10,000 would allow for a $3,000 balance and still maintain 30% utilization. (This, of course, is just an example. It’s not likely you would get a 100% increase in your credit line. But any amount will help increase the spread and lower the utilization ratio).
You can compare your debt consolidation program options by using a debt consolidation calculator. The calculator will help you determine how much you can save by comparing your current interest rates with the proposed debt consolidation program’s interest rate. It will also help you determine your monthly payment based on your total debt balance, interest rate and repayment term.

If you’ve missed enough payments that an account was sent to collections, it can be a tricky proposition. Leave it alone, and it will continue to appear as a blemish on your credit report for a long time. But pay it off, and it still might hurt your score in the short term. Luckily, there’s another way to deal with collections that will help—not hurt—your score, and that’s paying for deletion. Just like it sounds, you’ll contact the collections agency (which will love to hear from you!) and make a deal; if you send in full payment, the collections company will erase the negative reporting from your credit. They may even take less than 100 cents on the dollar to do so – as many debts settle for far less than what was originally owed. Just make sure get this arrangement in writing and mail a check to them certified mail with “Cash only when you delete the account from my credit report” written right above the endorsement line.


Getting a bump in credit limit on one of your existing cards has a similar effect as getting a new credit card on your credit utilization but is even quicker and easier. Another plus: While you may not get as much of a credit limit increase as with a new card, your credit score will also not suffer the new credit card ding and will benefit from the age of the existing account.
You need to work to get credit card utilization down below 30% (below 10% would be even better). But high utilization alone should not have brought your score down quite so low. Here’s how to get your free credit score along with a personalized plan for improving it. Because the scores come from information in your credit reports, you should also check those for errors and dispute any information that is inaccurate. Here’s how to get your free annual credit reports.
One of the quick credit repair tactics to consider first is seeing if you can increase the credit limits on your current accounts. And this is just a matter of reaching out to your credit card companies and requesting a credit limit increase. According to FICO, 30% of your credit score is tied to the amount owed on your credit accounts. A primary way they evaluate this is something called your credit utilization ratio. The ratio is simply a matter of how much you owe vs your credit limits.
There are two main ways to dispute errors on your credit reports – you can either do it yourself, or you can hire a professional credit repair firm to handle it for you. If you’re situation is such that you’re in need of quick credit repair, the credit repair firm is probably the way to go. They would have in place procedures for effectively challenging, communicating, and monitoring the removal of incorrect information. If you were to do it yourself, you would have to go through the learning curve of putting that all in place, and knowing how to get the results you desire.
Like credit builder loans, secured credit cards are an easy way to build or rebuild credit history. The application process is the same, but secured credit cards require a deposit between $50 and $300 into a separate account. The bank then issues a line of credit that is typically equal to the deposit, allowing you to build a credit history without putting the lender at risk.
You cannot pay down your debt on your own and you continue falling further and further behind. “It makes sense to file bankruptcy when you can no longer keep up with your bills,” said Leslie H. Tayne, a debt resolution attorney and founder of Tayne Law Group, based in Melville, N.Y. “If commercial creditors are breathing down your neck or if you are in danger of losing your home, it may then make sense to file bankruptcy.”
Premier America is unique because it has the Student Mastercard® from Premier America CU that’s eligible for the intro 0% for 6 months on balance transfers, though credit limits on that card are $500 – $2,000. There is an 11.50% Variable APR after the intro period. There’s also a card for those with no credit history – the Premier First Rewards Privileges® from Premier America CU, with limits of $1,000 – $2,000 and a 19.00% Variable APR. If you’re looking for a bigger line, the Premier Privileges Rewards Mastercard® from Premier America CU is available with limits up to $50,000 and a 8.45% - 17.95% Variable APR.
Although you may understand the concept of credit limits, few people take the time to examine their credit utilization—or the amount of debt owed vs. the total credit limit. An ideal credit score boasts a utilization ratio of 25 percent or less. If you have a $10,000 credit limit, you should never charge more than $2,500 at a time. The same goes for individual cards. For example, Margot has three credit cards with the following limits:
I would disagree with this option, as a credit analyst its my job to investigate credit and determine customer eligibility for loans etc... typically creditors do not look for a card thats been used 1 time for $15 then never used again this kind of credit is disregarded and or not taken seriously. When we look to approve a consumer we look at several factors and what that makes a large impact is how they make their payments, the balance currently on all their revolving and installments and the history of payments. if you only charge a tiny amount and pay it off its going to show no history and therefore not be a heavy influence. in fact if you can handle it it is good to sometimes charge the card near max but then pay it off super fast. yes this well temp drop score however. it will show creditor your applying for that you can handle larger amounts and that you pay them down good and fast. 
I am a mortgage officer at a community bank. Knowing the importance of credit I have been helping my daughter to rebuild her credit over the past 11 months. Payment history makes up 35% of your credit score. If you have late payments -a good payment history takes time to rebuild! When I started working with my daughter her credit score was 533 due to late payments on her student loan and a medical collection of $135. I am pleased to say her current score is 754! You may ask how could her score be increased over 200 points in less than a year?
I know this is old, but seriously what a great Dad you are! You didn't hand her money and you didnt leave her to flounder. You helped her in immediate ways she couldn't do herself like adding her as an authorized user, but also helped her long term by guiding her, teaching her, and establishing a plan. Plus, sharing your thoughts has helped many others. 
The first step and tip that we can offer anyone interest in fast credit repair is to look at their credit report. This single document contains so much information that it’s quite easy for there to be minor mistakes, and even major mistakes. With that being said, take the time to receive your annual free copy of your credit report and analyze the entire document. Look at your address, previous loans, and even inquiries to see if everything is truthful. When it comes to inquiries, they should not be posted for more than two years. If there are any inquiries longer than this, they should be removed. In any case, if there are any discrepancies, credit holders have the power to file a claim to remove the falsified information. In many cases, through doing this, it can significantly improve your credit score.
I've been with the company for 3 months and not going to lie i've been very skectchy to do so because of what my sister told me about lexington law that they were not doing anything for her so i was very skeptical the first month they removed 6 collections accounts i had which was not even my fault the second month they removed tax leins and now we;ve approached the third month and my scores went up from 480 -equifax to now 650   417 -experian to now 702 -   430- transunion to now a 714 they've been very helpful i am super excited, i had enrolled for the lifetime so that my scores does not drop again thy will be giving me credit coahing for a lifetime. My dad almost fainted when i showed him lol he was like  "can they fix mines too" he doesn't really need credit repair but i had recommend my friend who waisted her time with lexington law. You guys have to try them!

"I then added her to 3 of my credit cards as an authorized user. I choose the oldest with high credit limits.(I did not give her the cards to use-only added her as an authorized user for my own protection) BEFORE being added as an authorized user be SURE you know the credit history and habits of the owner of the account. If there is a late payment on their account this will be reflected on YOUR credit history!"
Millions of Americans are suffering from dinged-up credit: the lingering result of the recession, the lack (until recently) of real increase in wages, the economy's sluggish growth. But a strong credit score is the backbone of an individual's financial health, and its importance goes beyond simply getting a low interest rate on a loan. A driver's credit score, for instance, is a major factor in pricing auto insurance.
Before you consolidate credit cards, make sure you have a clear payment plan that can help you tackle your debt. Beware of simply moving your debt from credit cards to another form of debt; it may feel like you’re suddenly debt-free but you are definitely not. You’ve simply reorganized your debt and it should become more manageable now. If you fail to make sizeable, consistent payments toward your debt, you could find yourself back in the same cycle of debt. Also, when selecting your consolidation method — for example, an intro 0% APR credit card, personal loan, etc. — be sure to look closely at the fees you may be charged. The fees are typically outweighed by the amount you save in interest, but it’s a good idea to review them.
If you think it will take longer than 15 months to pay off your credit card debt, these credit cards could be right for you. Don’t let the balance transfer fee scare you. It is almost always better to pay the fee than to pay a high interest rate on your existing credit card. You can calculate your savings (including the cost of the fee) at our balance transfer marketplace.
With our rapid reporting cycle-assignment process for new accounts, most new accounts receive the next available statement cycle date and are reported to the credit bureaus between 2 - 10 days after the complete application is approved and the total refundable deposit received.  Your Annual Fee will be billed and reported to the bureaus as a performing balance in the first complete statement billing cycle to speed the reporting of credit activity.
The last major factor is your history of applying for credit. This accounts for 10% of most credit scores and may be holding you back if you applied for several credit accounts recently. This factor also takes time to correct, but any hard inquiries into your credit will only ding your scores slightly, and as they get older, they will have less of an impact. A year is generally when they begin to stop hurting your credit scores.
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