If you have poor credit, fixing it to improve your credit score rating cannot be achieved overnight, but will take some time. If the low credit score is caused by:
It is possible to reestablish your credit easy and fast by doing the following:
If the cause of the low scores is due to maxed out credit card or you have high balances on your revolving debts, you can easily and quickly fix this because you can lower your balances owing down to below 75% of your credit card limits.
After about one month, if you maintain the balance below 75% of your credit card limits, your score should bounce back, provided that you don’t have any other negative history, such as late payments, working against you.
If the low score is due to collections reporting on the side of public records on your report, you may reestablish your credit scores by paying off the collections, then request that the creditor take away their collection entries from your credit report. The kind of collections that can appear on the public side of your credit report include items such as defaulted utility bills, telephone bills, cable bills, parking tickets, cell phone bills and other debts that were originally not a credit account.
Find out if these are the main culprits responsible for your low credit scores and deal with them immediately. But if your low score is due to other factors, you may need other strategies not discussed here to reestablish or improve it. Consult Guardian Financing for further help regarding issues relating to your credit.
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