A good credit score is the main basis on which a lender is able to judge a person’s credibility. These days the economy has gone down like anything and people are living on a reduced income. Things have become more and more expensive, be it a car or a house, we have no other choice but to rely on credit to buy something expensive. A good credit score helps to boost the amount of credit that you can get from a lender. So, if your credit score is low you have to take a step. You need to know how to increase credit score quickly else you may not be able to buy the things you desire.
Your credit score can either be good, bad or an average depending on your payment history and repayment of old debts and bills. Any score over the 700 marks, can be considered as a good score and anything in between 600-700 is considered to be average. Any score lower than 600 is considered to be leaning towards a poor number.
Here is How to Increase Credit Score Quickly?
Following are a few tips that you can implement to improve your credit score.
- Maintain your bill payments:
Paying bills before the due date will allow you to avoid late payment charges. You need to make sure that you are keeping track of your monthly bills and their due dates. You need to pay all the bills including electricity, gas, mobile bills, credit cards, mortgage, loans, etc. on time. If you maintain this on a monthly basis, you will definitely start seeing a rise in your credit score over a period of time. Please set payment reminders and mark it on the calendar so you are on time when it comes to paying the bills.
- Make full complete payments- no partial payments:
If you want to know how to increase credit score quickly, you should stick to making full and complete payments. Partial payments will not do anything to your score as you are still carrying forward a part of this month’s payment to the next month so, the next month you will end up with an additional burden of the previous month’s bill. Moreover, you can incur some charges or interests.
- Do not apply for fresh credit:
Applying for a fresh credit is an absolute no if you thinking about how to increase credit score quickly and especially at a time when you are already struggling with a huge stack of existing bills and dues. You need to stay away from fresh credit as long as possible. Think of it only if it is an absolute emergency.
- Clear old pending dues:
Old unclear dues are easy to ignore however if these are not tackled, your credit scores are not going to improve. If these dues are worked on and cleared, they are sure to bump up your scores.
The above things can be done if you have enough time to bring up your scores on your own without investing any money at a credit restoration company and if your score is fairly at an average level. This will take up to a minimum of 3-6 months until you start noticing a rise in your credit scores.
Here are a few ways to increase your credit score quickly by taking the help of an external agency
If your credit score is below average, it is better to take the help of an external agency. These are also known as credit restoration companies or credit fixing companies. They will help you in the following ways:
- Analyze and evaluate where you stand with regards to your credit score:
The first step is how the credit fixing company will help you to increase your credit score quickly. They will do this by studying your credit report. They will check the payment history in detail and understand what work can be done to bring up scores quickly and efficiently. It is necessary to evaluate where you stand so the credit restoration company can work accordingly and assist in raising your scores.
- They will assign experts to study and sort out your credit issues:
Once the case has been studied, they will assign a concerned employee or staff from their company to work on your case specifically. This person assigned will be a trained expert who will work with you closely to find the inaccuracies in the report and speak with the credit bureaus on your behalf to improve the score.
- They will deal with collections agencies in the right manner:
Collections agencies can get annoying at times when they have to recover money from a particular party. The credit restoration company will send cease and desist letters in such situations to make sure you are protected from unnecessary harassment.
- They will dispute any incorrect and negative entries:
Entries that are incorrect or made negatively in the credit report can impact your credit score at a considerable level. To avoid this, incorrect entries are disputed with those particular lenders and your score automatically jumps.
- They will give you a plan to make sure you maintain your level of credit score:
Once they have successfully increased your credit scores, they will also sit with you and work out a plan wherein you can maintain these scores and not land up in a similar situation in the future.
Why depend on ASAP Credit Solutions? What can we do for you?
ASAP Credit Solutions is a reputed name when you search for credit restoration companies online and we have helped many clients improve their credit scores using different methodologies. Our trained and skilled experts have dealt with many difficult cases where clients have lost hope that they will ever get a good score. We worked with such clients and helped them gain financial freedom using the right and proven credit-building strategies. If you are also thinking How to Increase Credit Score Quickly then we are here to help you.
We will assign you the best staff personnel who can give the results you always wanted. This will take some time but, in the end, you will be happy with your score and in future get credit easily in different forms. Get in touch with one of our employees today and you can also attain financial freedom.