2007-01-18 16:52:26 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
Pay all your bills ontime!
Another way is to lower the amount of money you have on each credit card. They run a credit to utilization report to see how much you have on each credit card compared to the credit limit.
By paying down your credit card, you actually increase your credit score!
2007-01-18 16:56:29 · answer #1 · answered by traderb550 3 · 1⤊ 0⤋
Don't allow the past to disturb you. Continue your payments on time each month. The score will build and you will gain the points back. Also know that you have to be 30days late or more before it can be reported. So just because you are late doesnt necessarily mean you late what reflects credit is when you pay 30 days after the due date. Witin 30 days is not considered late on credit reports.
2007-01-18 17:15:41 · answer #2 · answered by Tyrica N 1 · 0⤊ 0⤋
I don't know exactly about being late on a car payment, but if you are late 2 months on a credit card bill it is considered a 30 day delinquency and IS reported. Car payments may be similar. I work for a credit card company.
2007-01-18 17:02:31 · answer #3 · answered by Paul L 2 · 0⤊ 0⤋
Simple..
Pay your bills on time. This includes Credit Cards as well as any loans. Over time the late payment will have less and less effect.
2007-01-18 17:11:16 · answer #4 · answered by OC1999 7 · 0⤊ 0⤋
There is a free download software look at my profile for the url finance. The software gives you a perspective of where you are with your debts and gives a strategy on how to clear them. Its shareware software that I used with some success. It just might help you.
2007-01-18 17:57:05 · answer #5 · answered by Anonymous · 0⤊ 1⤋
from now on pay on time
2007-01-18 17:02:42 · answer #6 · answered by salsa 4 · 0⤊ 1⤋