| Let's face it. If you have bad credit you want it | | | | less. Credit utilization accounts for about 30% of your |
| repaired as fast as possible. No one wants to go | | | | credit score. The lower it is, the better it is for your |
| through life with bad credit. If you've been living with | | | | score. It shows lenders good money management |
| bad credit, it's time to do something about it right now. | | | | skills. Getting credit limits increased can boost scores |
| The good news is, if you act now you can be on your | | | | fast, because it lowers your debt to available credit |
| way to good credit in no time. Here are some tips to | | | | ratio. |
| fast credit report repair: | | | | Add Positive Accounts. |
| Remove Negative Accounts. | | | | At first, applying for new accounts will hurt your |
| Negative items on your credit report reduce your | | | | scores. The inquiries will count against you. But, as time |
| score and are usually the primary reason for being | | | | goes on and you're making your payments on time |
| turned down for a loan. Review your credit report and | | | | every month, the inquiries become less important and |
| look at each negative item closely. Look for possible | | | | the positive credit history becomes more important |
| inaccuracies and inconsistencies within the account | | | | and will increase your scores. |
| details. By law, it's permissible to dispute any account | | | | Be Responsible. |
| on your credit report that you think could be inaccurate. | | | | Making your payments on time every month and using |
| The Fair Credit Reporting Act further states that if the | | | | credit responsibly is the best way to keep your credit |
| account can't be verified within 30 days of a dispute, it | | | | scores good long-term. Living below your means and |
| must be removed from your account. | | | | having emergency funds lined up is the best way to |
| Keep Your Balances Low. | | | | assure that you don't get in over your head and are |
| Keep your balances on revolving accounts at 30% or | | | | always able to meet your financial responsibilities. |