If you are reading this, you must be probably looking for a way to increase your credit score asap. If you are looking for a reputable company to get fast credit repair services, check out Blue Water Credit. We know how difficult it is to live with impacted credit scores. It will make you continuously look for methods to improve the overall credit score. That’s why we thought of sharing 7 effective and proven methods to boost the credit score. Any person who is dealing with bad credit history can follow these tips and we can ensure that you will be able to end up with securing positive returns.
- Review the credit reports
The very first thing that you need to do with credit repair is to obtain your credit reports and review them. You have the ability to request for a free credit report one time a year. You can utilize that opportunity and get the credit report. Apart from that, you can find many other services on the internet, which can help you with getting the credit report as well.
- Dispute all the negative events
Once you get your hands on the credit report, you should carefully go through it and dispute all the negative events. You will be able to discover numerous errors in the credit report. You should take notes of these errors. Then you can proceed with raising disputes against those errors. Make sure that you are getting the best outcomes from the dispute efforts. Then you will not have to worry about anything.
Some of the factors have a higher weightage on the credit score. For example, delayed payments can contribute to around 35% of the overall credit score. Therefore, you should pay more attention towards those areas. Then you can focus on the other areas of the credit report, where you can raise disputes and improve the credit score.
When you raise disputes backed up with valid reasons, you will be able to get your creditor agreed to remove your liability on the account. Then you can get that entry removed from the credit report within few days. This can eventually help you to increase your credit score.
It is worthy to spend your time on the credit report and raise disputes. However, you should have the knowledge on how to do it as well. If not, you must think about getting the assistance of an expert.
- Get the help of a credit repair agency
Going through the credit report and raising disputes against the errors is not the most convenient activity that you can do. That’s because you will come across numerous frustrating situations while you are trying to do it. On the other hand, you will not have the knowledge needed to raise the disputes accordingly as well. In all such instances, you just need to rely on the support delivered by a reputed credit repair agency.
A credit repair agency has experts, who have a clear understanding on how to spot the errors in a credit history. Then they will be able to raise disputes against those errors accordingly as well. You just need to rely on the guidance provided by them with increasing your overall credit score.
You will be asked to verify some of the information while you are trying to get a negative entry removed from the credit report. If you aren’t sure on what to provide, you cannot get that removed. Instead of dealing with all those struggles, it is worthy to hire a credit repair specialist and handover the task. Then you just need to keep the peace of mind and you will be provided with the service that you wish to receive.
- Open up a different credit card account
In order to increase your credit score, you can think about increasing the credit card utilization ratio. This is where you can open up a new credit card account. However, you need to make sure that you don’t open up a new credit card account as soon as you open a one. You need to wait for some time and open it. It is worthy if you can go for a credit card that doesn’t charge an annual fee. Then you will be able to transfer a part of your balance and reduce the credit utilization ratio.
- Settle the outstanding balances
The next thing you have to do is to settle the outstanding balances you have. This would be a challenge for most of us. But if we can be mindful about our expenses, we will find it as an easy task to settle the outstanding balances that you have. When you keep on settling the outstanding balances, you will be able to see how your credit score is increasing. This is a straightforward method to increase the credit score.
- Pay the new credit accounts first
While you are settling credit, you should give priority to the new credit accounts, which are associated with a higher rate of interest. Then you will be able to save a considerable amount of money, which was supposed to be spent on the interest. While you are doing that, you can think about following the debt snowball strategy, which can deliver guaranteed returns.
- Increase the credit limits
Another way to manage your credit card utilization is to increase your credit limits. If you can convince your credit card issuing bank that you have been making payments on a timely basis, you will be able to increase the credit limit. Then you will get the opportunity to reduce the overall credit utilization. This can benefit you with increasing the overall credit limit that you have to deal with on your account.
Keep these facts in your mind and proceed to repair your credit. No matter how bad your credit score is, these credit repair secrets will be able to deliver positive results to you. Just stick to them and you can see the results coming on your way.