with a credit score of 600, I don't want it to go any lower. Should I apply for a c.card or do a credit repair

Question

I don't want mt score to go any lower, should I leave it as is, or do a credit repair?

Answer 1

just leave it as is.. applying for another credit card will lower your score.. and credit repair companies doesnt work.. the only thing that helps is you maintain your credit cards.. make monthly payments on time or just pay them off right away

Answer 2

There may be some legitimate credit repair services out there, but most of them in my opinion will just tell you what you can find online for free, if not worse. If fact the best advices you can find to raise your score are all available online, such as this community.

If you don't already have a credit card, applying for one will help a lot. You just need to make sure you pay off the balance every month and before due date. This is a great way to build or re-build credit.

Below is an answer I posted a few minutes ago to another question, and I think it may be a good read for you as well:

I'd say that it is not how much you owe that affected your score, but the way you have been paying them back. In fact, having certain debt like mortgage and car loan will help increase your credit score, that is, if you always make payment on time.

So it sounds like you have had a few late payment or other negative marks on your report, which unfortunately will stay there for up to 7 years (10 years for certain bankruptcy records). However, don't let this discourage you from rebuilding your credit, as their effects do wear off over time.

If you have credit cards, use them responsibly. Don't use more than 35% of your credit limit, and mostly importantly, make sure you pay them off on time each month. At least pay the minimum due.

If you don't have credit cards or don't qualify for one, start with a secured credit card. It requires a deposit but is a great way to show that you can manage your finances, and will soon qualify you for a regular card which is much better. But don't open too many new accounts this year, 1-2 max.

Another good way to jump start your credit rebuilding process is to have someone add you as an authorized user to their account.

Oh don't close your idle credit card accounts at this moment. It will just shorten your credit history and negatively affect your score. If you had late payments on that account, closing it won't help in anyway.

Rebuilding credit is a time consuming process, but in the end you will fint it all worthwhile. Good luck!

Answer 3

Everyone seems to assume that you already HAVE a credit card. If you DON'T, apply for one and your score will go up approximately 30 points immediately. Ideally, you should have 3 revolving accounts - with balances below 30% of your credit limit. I do this for a living, so I know of what I speak. Credit repair is always a worthwhile effort. As long as you have derogatory trade lines on your credit report, your score is set to drop each month you leave it alone. So don't pay attention to fools telling you to carry on as you are. That's the WORST thing you can do.
Some credit repair companies are outstanding. I happen to work for one of them. By no means am I trying to get your business - I have plenty to keep me busy. But be wary of which company you choose to go with if you do. Don't get involved with a company that charges a monthly fee - they are worthless. Also, don't pick one that doesn't let you see - and sign - the dispute letters. By law, the CRA's can consider dispute letters sent by a third party 'frivolous' and discard them without even opening them.
Good Luck!

Answer 4

don't apply for any credit u will get denied and make score go lower. don't pay some else to do the work for u. get your credit score i think it cost $6 call people up you got bad credit with and make deals it a lot of fun i did it and it works. to say you owe $600 u tell them you want to settle you only have $200 9 out of 10 times they will say OK and get a letter you doing so. with in 2months you ll see your score get higher wait until score get about 650 then apply for a credit card capital 1 is a good one get one with no annual fee there out there.

Answer 5

Just keep paying your bills on time and get the revolving balances on your credit cards payed down. Applying for a new credit card will drop your score,credit repair at this point will be a waste of money, if you are already paying on time and paying down your balances you are on the right track Credit falls quick but takes time to build back up

Answer 6

Concentrate on making on-time payments. Credit repair is not worth the time, and getting another credit card could lower your score.

Good luck!

Answer 7

leave it as is, the more people that check your credit the lower it gets, also the more cards you have the lower it gets.
your best bet is to pay off your credit card(s), when you pay one off your score will go up.