I want to know what the best way to get your credit score up is after paying off bad debt and a car loan to zero balance ?
being that I have no bills and debt to pay anymore, what would be the best and fastest way to gain credit number to rise on my scores?
2007-03-02 00:09:31 · 6 answers · asked by robs68impalass 1 in Business & Finance ➔ Credit
would buying a car and getting a car loan help my credit score rise?
2007-03-02 01:42:59 · update #1
I've been told that it takes about 90 days for the three major credit bureau's to receive the information from the companies that provided you credit.
Why don't you check with your banker and ask that question. They may have access to a credit bureau and be more helpful.
You can also pull up your credit score online and see if the recent payments have appeared yet.
2007-03-02 00:18:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There is no quick and dirty way to gain credit points. Credit is built up over time and is directly related to your payment history. If you pay everything down to zero and then don't use your credit, you will eventually show no history at all. The only way to gain a higher credit score is to use your credit and pay on time.
2007-03-02 01:15:25 · answer #2 · answered by annazzz1966 6 · 0⤊ 0⤋
If those are cutting-edge energetic bills, paying off the balances will provide your score a speedy develop. wearing balances of extra desirable than 30% of your available decrease hurts your score. yet much extra, you will shop a small fortune in interest!! $75K in credit card debt is ridiculous. credit taking part in cards are short term convenience, not long term financing.
2016-10-17 02:21:45 · answer #3 · answered by ? 4 · 0⤊ 0⤋
I purchased these programs and they told me how to improve my credit and how to get the neg. stuff off. They even have the letters in the back or on cd that you can print out fill in and mail to the bureau's. These people know what they are talking about. I think my money was well spent and they are worth every penny I paid for them. You cant say that about a lot of stuff on the web.
coming back strong financially is the name of the programs. you can go to the website with the same name
2007-03-02 02:47:39 · answer #4 · answered by Anonymous · 0⤊ 2⤋
One way is to dispute those negative accounts that you have paid. You might get lucky and the account doesn't respond back within 30 days and it will be removed for your report. Also, you can learn more at http://www.thecreditrepairmanual.com
2007-03-02 01:32:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Get a credit card and just pay it on time.
2007-03-02 00:13:21 · answer #6 · answered by Anonymous · 0⤊ 0⤋