Your credit score is determinant of your overall financial stature. Therefore, you should repair it appropriately. The article guides you to correct your credit history in the right manner.

Check your credit history

Begin the process by checking your credit report. Ask for its copy and check it for any errors that are affecting your score. Make sure there are no incorrectly listed late payments. If you find any error, immediately raise a dispute with the credit bureau.

Do not delay your payments

Timely pay your debts and installments. It contributes significantly in improving the score. Some financing institutes send email or text to the borrowers to ensure the payments are made on time. Consider setting reminders for installments on your phone. It will make sure you do not miss a deadline.

 Limit the use of credit cards

Limit the use of credit cards. Check all your accounts to consider how much you owe and interest rates each account charges you. Allocate your funds accordingly. Do not spend more than what you can pay for.

Some more tips

• Make sure your delinquent payments are made on time. If you had late payments once, ensure it does not happen again; otherwise it will impact the FICO score negatively. Also, remember that even if you pay off a collection account, it remains on the report for around seven years. If you are in financial crisis, ask your creditors to restructure your installments to suit your lower income comfortably.
• Debts contribute to 30% of your score calculation. For a clean history, you have to make sure that your credit cards and revolving debt balances are low.
• You should not open new accounts too rapidly. Opening a new account lowers your average account age that significantly lowers the score.

Take professional help

If none of your effort showing results, find a professional to offer you credit repair services. On the internet, you will find many companies that offer these services. They work towards increasing your FICO score in a month’s time.

Start your search online or in local directories. Make sure the agency you choose is licensed, reputable and experienced. Ensure you do not fall prey to dubious firms. So therefore, check their credentials and read their reviews on third party sites to avoid this.

For credit repair services, get in touch with 700 FICO Club. Call us for more details or email us your queries. We will be happy to help you.