How can I boost my credit rating immediately and legally?

Answer by  NobodysHome (385)

There is no quick way to raise your credit score. However, if you have lines of credit, like credit cards, making regular payments and carrying a low balance helps.

Answer by  kctaxlady (187)

One way to quickly boost one's credit rating is to obtain a secured credit card, use it and immediately pay it off. It is reported to the credit bureaus.

Answer by  Danie (993)

One thing you can do to boost up your credit rating is obtain a copy of your score. You can do this for free now online. Review and fix it.

Answer by  mem4dr (1378)

Boosting your credit rating legally usually takes time - paying your bills on time, using credit responsibly, etc. will all slowly boost your rating. Check your credit report to see if there are any mistakes; oftentimes getting mistakes corrected will have a positive effect on your rating.

Answer by  sellinghousesforyouyahoocom (48)

The only way to boost your credit score is to pay all outstanding debts on time and to reduce the amounts carried on revolving credit balances.

Answer by  jalucia (936)

Cancel all unused credit accounts. Too much credit drains your score. Use your savings to lower your debt. Dispute mistakes and errors on your credit report.

Answer by  Olive (1195)

The best way is to pay off all your outstanding credit cards and debts. If you can't do that, arrange with each creditor to make payments and make them regularly. This will boost your credit.

Answer by  tamarawilhite (17883)

1. Get current on all debts for which you are behind. 2. Pay off any debts that you can, which reduces your debt to available debt ratio.

Answer by  Imagin (88)

Remove your negative accounts Request collection agencies the proof of your accounts Most of them do not have the proof that the bad accounts are yours.you can get them deleted from credit file. keep available credit limits high use 10-30% of available credit, your credit score will improve dramatically. Add accounts with years of perfect payment history to credit file

Answer by  Wolverine (42)

You can boost your credit rating immediately by bringing current any payments that are past due with any creditors. Additionally. you can boost your rating by paying down balances on credit cards.

Answer by  tamarawilhite (17883)

Order a free copy of your credit report, which you can do one per year per bureau. Dispute any actual inaccuracies, such as duplicate listings or bills listed as owed but actually paid.

Answer by  kaboom969 (242)

The easiest method is to cancel the credit cards which you don't really use, and preferably the newer ones. Having the newer cards lying around will decrease the average number of years you are holding a credit which is not good for the credit score. The magic number of credits cards a regular person should have is 2.

Answer by  tamarawilhite (17883)

Pay off any outstanding account balances, which reduces your debt to income ratio and credit utilization rate. Have any duplicate accounts removed.