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Understanding your credit is one thing, but being able to improve your credit score without higher credit repair company Trump’s all. It’s pretty much means you can qualify for lower interest rates, better benefits on your credit cards and you can borrow as much money as you can think of. Well not really, but you get the gist right?

The one thing that we notice consumers have Is that the only attempt to their credit score when they absolutely need it. And at that point it’s a little bit too late, imagine going out for a mortgage and you realize you have a terrible credit score and you can’t be approved. What are you going to do now? Are you just going to sit on the fact that you need to get a new home and then repair credit? That doesn’t really make much sense, you should be looking into these things before you even go ahead and try to qualify for a mortgage.

Repairing your credit is it hard, in improving your credit score doesn’t take as long as everyone makes it out to be. So follow these simple steps and you’ll be able to have your credit score repaired quickly and in no time.

  1.  review your reports

You’re entitled to a free credit report from any of the three major credit bureaus once a year. Call them up getting free report, FaceTime on appropriately so that way you’ll have a credit report three times a year for free.  Once you see your credit report make sure that it’s accurate and everything reflects correctly.

  1. Dispute negative items

Not everyone is perfect, so you can expect some errors on your credit report as well. If there are items on your credit report that you don’t recognize, or have expired usually after 7 years call if your credit repair company and have them remove the  negative items on the credit report.

  1. Payment history

Sometimes when you’re paying bills person you are paying to missing that you’ve paid late, I can contact the credit bureaus to let them know and it could reflect on your credit report. That’s why it’s a good idea to make sure that you have all the receipts of every payment you’ve made, so if you’re ever in a situation like this you’ll be able to dispute it and show proof that you paid on time.

  1. Credit limits

We have walked you through this before, and your credit utilization was heavily on your credit score. So one thing you could do is if you rely quite a bit on credit, and you have the ability to increase it do it. Not only will it benefit your credit score but it’ll reflect positively on your credit report.

  1. paying bills on time

On your credit score, your payment history weighs the most. So don’t overlook this, make sure that you make all payments to everything you owe each month on time. Don’t wait a few days, don’t wait a few weeks, as soon as you get the bill paid. We strongly emphasized that you do this, because once you develop a good track record and discipline you’ll slowly start to see your credit score rise simply because you’re paying your bills on time.

These are some quick tips and five steps you can do to ensure that you’re taking the initiative to improve your credit score over time. So when you decide to go in to buy that house, or buy that car, you won’t be blindsided by the fact that you’re not able to be approved for the loan.

It’s also important to not apply for multiple credit cards very rapidly, as that can affect your score.

While I’m not the end all, be all resource on credit, it has a been a big part of my life and having finances to run my businesses over the years.  Special shout out to The Credit Help Guru for the killer tips on building and maintaining credit.

Tim Schmidt

About 

A Florida-based Entrepreneur, Author, and Life Hacker, Tim Schmidt decided to take control of his retirement portfolio several years ago by setting up a self-directed IRA. This blog shares his thoughts and opinions on the top of retirement and investments. You can follow his career and travels on his Official Website as well as on his Instagram page.

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