How to Improve Your Credit Score Fast and Easy

By Brian Kater / On / In Blog

raise your credit score fast and easy
Are you in need of some credit repair? This is for about 95% of all of us because we are all struggling with our credit at some point in our lives. This is the problem with credit and it is easy to blame the creditors or to just file bankruptcy and start over, but there are better answers. Here is another option to how to improve your credit score fast and easy in the US market.

First, get your credit report.

We are all entitled to a free credit report once every year from all three of the reporting agencies that are out there. You really need to check your credit once every 3 months or so or you can hire a credit monitoring service to update you anytime something new is added or changed on your report.

Second, your next step will be to put together a plan to get your debts in order and this must be done correctly.

You need to put the debts that you are paying on time on the top of your list. These need to be paid on time continually and first. Next, you need to list your past due debts from smallest to largest because the largest debt hurts your credit just as much as the smallest if they are both past due.

Third, now you need to pay your debts.

Start with that small one and get it off your credit. That is how to improve your credit score and do it in a hurry. Go through the list and in a few months you will find that you can get three, four, maybe even more debts off your credit and see your score start to climb. This is the best way to deal with your credit score.

Last, you can also go get a small loan or a credit card with a small limit.

Pay the loan on time or if you decide for a credit card, then pay the bill off every month and only use it for a little bit, like gas each month. This will improve your credit score pretty fast and within a year or so you will be in a better place as far as credit is concerned.

To avoid paying a higher interest rate, or being rejected by your lender, there are a few things that you can do to make sure that your credit score is at least around the average range of 600. People with excellent credit scores will rank above 800 points. Those that are typically rejected and not considered at all for any type of lending purposes or in the 300 to 400 range.

To improve your score fast, you can do the following:

  1. If you are currently late on any payments, make sure that you contact your lender and set up a schedule of repayment that will allow you to get back on track. It is important to contact them either with a letter or by phone as soon as possible.
  2. If you are unable to strike a deal with them in regard to improving your credit score, seek professional credit counseling that deals with this type of situation all the time. Similar to representing yourself in court, it is often best to bite the buck and pay for services that can actually help you, in this case, improve your credit rating.
  3. The final step is to get a free credit report to see exactly where you are. This report will give you a list of lenders that you are having problems with. By writing them, or by taking this report with your to a professional, you can begin to improve your credit score today.