In my late 20’s, I became very interested in learning how to grow and maintain a great credit score. I started to study the different ways a person can increase their credit score and what I learned helped me grow my credit score rapidly years later. It also helped me maintain a great credit score as well.
Recently I started working with CreditRepair.com and they gave me a lot of insight on how to maintain a great credit score and grow my current score even more which was one of my main goals for 2020.
This post will share my experience with working with CreditRepair.com and how I plan to achieve my credit and financial goals this year.
How I Achieved My Credit Goals
One of the biggest ways how I achieved my credit goals was by learning more about the credit score process. Learning about the credit score process really helped me map out a strong plan to achieve my credit goals. Also, last year I also started working with the team of professionals at CreditRepair.com and they gave me information on how to maintain a great score throughout the years. With the new information that I learned my score actually went about 20 points within’ the last 3 months. My goal is to hit 800 this year and I am really close.
One of the biggest things I learned throughout the journey is how to dispute credit report errors. When I started to research how to raise a credit score, one of the first things I learned was to make sure there aren’t any errors on my credit report. When you check your credit score, make sure to search through it thoroughly and check for errors. Some things to look out for are:
Any payments marked late when you paid them on time.
Old information that’s too old to be listed on your report.
Any financial accounts added that you never opened yourself.
If you find any mistakes, dispute them quickly. One awesome way to dispute them is by working with a team of professionals at CreditRepair.com. They can help you dispute any credit report errors and help get them removed.
The Difference In My Financial Fitness
Since growing my credit score I have seen a huge difference in my financial fitness. Currently, I make sure to pay both my credit cards on time each month along with my student loans. Paying monthly bills on time shows creditors that they can trust you financially, and it will help boost your credit score rapidly.
Years ago I didn’t know the importance of paying bills on time but currently, I do and that’s the biggest difference in my financial fitness. I currently have less debt because of making my financial fitness a priority on my road to financial freedom.
Create A Credit-Healthy Lifestyle
One of the biggest takeaways I got from working with the professionals at CreditRepair.com is that they really care about credit education and helping their clients learn about how to grow and maintain a great credit score. They are a team of credit professionals who educate and empower individuals to achieve the credit scores they deserve. I will be bringing a lot of great things into my credit healthy lifestyle such as paying bills on time and paying off debt to maintain a great credit score.
One of the main reasons that many people have lower credit scores is because they aren’t educated on how to grow and maintain a great score. Learning about the credit score process is so important to have a healthy credit lifestyle.
Final Thoughts
If you are looking to gain credit education and looking to learn how to grow and maintain a great credit score this year I highly recommend the professionals at CreditRepair.com. They have served over 500,000 clients and really care about educating individuals on how to maintain a great credit score for life. They also have an easy to use mobile app that I love with a dashboard that you can navigate through to see all your updated credit information every day. To schedule, a free consultation call with CreditRepair.com click here.
Even the best credit repair companies cannot guarantee to raise your credit score. Keep in mind that it is not possible for any truthful information to get removed from your report. Some untrustworthy companies will promise this — it's a major red flag.
However tempting it may be to pay someone to undo damage, you are your own best resource. In short, no one can legally remove accurate and timely negative information from a credit report, and everything a credit repair clinic can do for you legally, you can do for yourself at little or no cost.
Policies and procedures vary by creditor but will usually include back-and-forth letters to get everything in writing. On average, credit repair takes about three to six months. Your score should gradually improve throughout the process each time a creditor agrees to make a change in your favor.
A score of 850 can only be achieved with 10+ years of credit, excellent on-time payment history, low credit utilization, and no recent hard inquiries, which is a tall ask.
One of the best things you can do to improve your credit score is to pay your debts on time and in full whenever possible. Payment history makes up a significant chunk of your credit score, so it's important to avoid late payments.
As someone with a 650 credit score, you are firmly in the “fair” territory of credit. You can usually qualify for financial products like a mortgage or car loan, but you will likely pay higher interest rates than someone with a better credit score. The "good" credit range starts at 690.
So if you are looking to improve CIBIL score pay your dues on time and rack up a good score. Use service that let you automate bill payment so that you don't have to worry about missing deadlines. Too much is, well, too much: Use credit prudently. Avoid taking on too much debt at one time.
You'll typically need a credit score of 620 to finance a home purchase. However, some lenders may offer mortgage loans to borrowers with scores as low as 500. Whether you qualify for a specific loan type also depends on personal factors like your debt-to-income ratio (DTI), loan-to-value ratio (LTV) and income.
Legitimate credit repair companies can help you remove inaccurate information from your credit report, which may be damaging your credit score. However, they can't do anything for you that you couldn't do on your own—and for free. In addition, there are some disreputable credit repair companies that you should avoid.
Credit repair is the process of removing inaccurate, unfavorable information from your credit reports. That may, in turn, raise your credit score. You can take steps to repair your credit for free or pay someone to help you.
Technically, pay for delete isn't expressly prohibited by the FCRA, but it shouldn't be viewed as a blanket get-out-of-bad-credit-jail-free card. "The only items you can force off of your credit report are those that are inaccurate and incomplete," says McClelland.
Introduction: My name is Mr. See Jast, I am a open, jolly, gorgeous, courageous, inexpensive, friendly, homely person who loves writing and wants to share my knowledge and understanding with you.
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