We all keep asking the same question
How long does it take to get good credit?
Typically, it takes 3 to 6 months to boost your score up to 750 from 500’s. That is the fastest your score can go up. Everything has to line up from your side for that to happen. These are some of the things you need to work on
1. Cleaning up existing debt, reach out to the creditors and ask them to cancel the late fees and nonpayment fees and help you structure the debt so you can put away a monthly amount every month to pay it off.
We offer that service for free when you become a User with us!
- Sit down with your finances and see where you can cut out money spend and put it away to pay off your debt, like for example that Netflix account that you never use or that additional amount you pay for cable when you get your internet service that you never use either. Things like these take small amounts from your account every month that adds up to be much more than you thought over a long period of time.
3. See if you can refinance any loans or transfer your credit card debt to another card for lower interest rates that way more money is going to the principle of the debt then the interest.
- After you pay off the credit cards, still keep them open because the age of the credit card really matters when you apply for any future loans or additional credit. It also helps if you ever want to extend your limit.
5. Maintaining good credit isn’t easy, 35 percent of your credit is solely judged on utilization, keeping your usage of the credit offered to you is very important!
CreditSage helps its users boost their credit by adding more credit to their name as a user with the assistance of our Authorizers. That’s why we claim and have satisfied customers who were trying to get out of the bad credit trap.
Become a User and change that score so you can plan for your future because In the US especially you are judged on having good credit. Especially if you are trying to buy a house or car or even looking to rent an apartment, Even applying for jobs now days look at your credit to see if this candidate is reliable.
[Founder: Nicholas R. Fernandes]