Tips on fixing Credit ?

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Tips on fixing Credit ?

Josh Chavez
Rental Property Investor · Rochester, NY · Member since 2018 · 12 posts · 1 vote
Any tips on who you use to keep an eye on monthly credit scores ? Also any advice on bringing my score up as efficiently as possible? Thanks a lot
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Account Closed
Member since 2018 · 6 posts · 4 votes
7y

Check out CreditKarma.  It can help you monitor your score and it's free.  

I'd also suggest checking your credit report for accuracy.  You are entitled to a free report every 12 months.  You can request one at AnnualCreditReport.com.  Fix any inaccuracies and delinquencies  you find. 

If you have debt, try to pay more than the minimum payment - even a small amount can have an impact.

Don't close any credit card accounts - part of your score involves how much credit is available to you.   Pay them down  - ideally you only want to use 10-30% of the credit limit.

Just a few thoughts - Good Luck!

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  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    7y

    Go visit a lender and tell them you want to apply for a mortgage. They can run your credit, show you where you currently stand, and give you advice on how to improve your credit and about how long it will take.

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  • Steve Bracero
    Real Estate Agent · Westboro, MA · Member since 2016 · 1k+ posts · 471 votes
    7y

    @Josh Chavez

     A Credit repair specialist might be able to guide you here. How much are you trying to raise your credit score? 

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  • Account Closed
    Member since 2018 · 6 posts · 4 votes
    7y

    Check out CreditKarma.  It can help you monitor your score and it's free.  

    I'd also suggest checking your credit report for accuracy.  You are entitled to a free report every 12 months.  You can request one at AnnualCreditReport.com.  Fix any inaccuracies and delinquencies  you find. 

    If you have debt, try to pay more than the minimum payment - even a small amount can have an impact.

    Don't close any credit card accounts - part of your score involves how much credit is available to you.   Pay them down  - ideally you only want to use 10-30% of the credit limit.

    Just a few thoughts - Good Luck!

    3Reply
  • Josh Chavez
    OP
    Rental Property Investor · Rochester, NY · Member since 2018 · 12 posts · 1 vote
    7y
    @Nathan G. Thankyou very much , I appreciate your advice
    1Reply
  • Josh Chavez
    OP
    Rental Property Investor · Rochester, NY · Member since 2018 · 12 posts · 1 vote
    7y
    @Nikki McGraw we’ll appreciated
    0Reply
  • Ben Meier
    Bay City, TX · Member since 2018 · 14 posts · 1 vote
    7y

    Josh, I agree with Nikki. My credit used to be garbage (I once got turned down attempting to buy a used motorcycle) but through monitoring it, paying down balances, and making sound decisions, it improved greatly. Credit monitoring saved my butt a few times. I currently have a FICO score of 800. There are credit forums with all of the tips needed to increase your score (keeping accounts open, increasing credit limits to decrease debt ratios, disputes, etc). Give them a look. You'll get it fixed up.

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