How Can You Restore Your Credit Rating By Yourself?

enhancecredit

Navigating the credit repair maze can be very challenging if you are not aware of all the laws that regulate collectors, creditors, and credit bureaus. Our job is to take that heavy burden off your shoulders and do all the work for you so you can get approved again.

HOW CAN YOU

RESTORE YOUR

CREDIT RATING BY

YOURSELF?

1

Analyze Your Credit Reports

You need to know the exact state of your credit history before

embarking on the project to repair it. Download your credit

reports from the main reporting companies.

2

Make Payments on Time

The credit scoring model depends heavily upon your payment

history. Any delays or missed payments will adversely affect your

report. Such negative elements can remain on a report for at

least seven years. To restore your credit rating, it is vital to never

miss or be late in making payments.

3

Avoid High Credit Utilization

If the credit utilization is on the higher side, then it can have a

negative effect on your report. To raise credit score instantly, it is

suggested that you maintain a ratio of around 30%.

4

Open and Close Credit Accounts

Carefully

To avoid situations where you have to restore your credit rating,

you must maintain a credit card account even if you are not using

it. If you have paid all the bills related to the account, then

keeping it open will help in boosting your credit.

More info: www.enhancecredit.com

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