{"id":9540,"date":"2008-12-26T10:08:20","date_gmt":"2008-12-26T16:08:20","guid":{"rendered":"http:\/\/magic1host.com\/blog\/2008\/12\/26\/improve-your-credit-score\/"},"modified":"2008-12-26T10:08:20","modified_gmt":"2008-12-26T16:08:20","slug":"improve-your-credit-score","status":"publish","type":"post","link":"https:\/\/magic1host.com\/blog\/?p=9540","title":{"rendered":"Improve Your Credit Score"},"content":{"rendered":"
by John Cooper<\/div>\n

Improving your credit<\/a> score can seem like a daunting task. The credit bureaus claim to factor in hundreds of things and you have no direct control over your score.<\/p>\n

Well they are wrong. No matter how bad your credit score is you can take a couple easy steps and improve it.<\/p>\n

1. Disputing and removing bad credit items on your report. You can do this yourself or hire a service but it will help your score the most.<\/p>\n

2. If you have a bad credit item verified or delinquent account then pay them. Work out a payment plan and have them remove the negative credit item in exchange for your payment.<\/p>\n

3. Pay your bills on time. It is alleged that missing one monthly payment can cause your score to drop by up to 50 points.<\/p>\n

4. Open a new line of credit. You will get the most benefit if this is a revolving line of credit. We recommend an unsecured credit card.<\/p>\n

This will also help you build a positive payment history by paying your monthly bill. However if you can not qualify for an unsecured credit card then open a secured card, but make sure it reports to all 3 bureaus.<\/p>\n

Your score will get a bump if you can keep your balance at approximately 10% of your credit limit. This shows that you do use your credit and that you use it responsibly.<\/p>\n

5. Pay your large debts down. This is called your available credit to debt. The bureaus need to see that you are not in over you head and that you do have credit that is not being used.<\/p>\n

These five factors are the only things you need to concern yourself with when trying to improve your credit score. There is one last factor however it is shadowed in controversy.<\/p>\n

6. Piggy back credit, this is when you are added as an authorized user on an account with a high credit limit and low balance. The benefit you get is the account is not reported on your credit history.<\/p>\n

This tactic has been widely abused by some credit repair services. The scoring model has changed to discount this method however it is disputed as to if that change has occurred or not. <\/p>\n

In sum by doing step one through five you will improve your score dramatically. With an improved credit score you will finally be able to have the quality of life you truly deserve.<\/p>\n

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About the Author:<\/div>\n
To learn more about how to remove judgments<\/a>, charge offs, late payments, collections or any negative mark or to learn about lexington law firm<\/a> a professional credit repair service visit us.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Improving your credit score can seem like a daunting task. The credit bureaus claim to factor in hundreds of things and you have no direct control over your score.<\/p>\n","protected":false},"author":2949,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[77],"class_list":["post-9540","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/2949"}],"replies":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9540"}],"version-history":[{"count":0,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9540\/revisions"}],"wp:attachment":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}