How to Rebuild Credit

There is no quick fix when rebuilding your credit history. The length of time it will take depends on the severity of your previous difficulties.

It will take longer for a person who has had large debts, collection accounts and bankruptcy to recover than for someone who has had one or two late payments recently. It could take years for one and just a few months for the other.

However, the steps for recovering are the same for both.

  1. Catch up on any late payments. Payment history is the most important factor in all credit scores. On-time payment every time on all of your accounts is essential to having good credit scores.
  2. Reduce your credit card balances. Your balance-to-limit ratio, called “utilization,” is the second most important factor in credit scores. Ideally, you should pay your credit card balances in full each month.

If you do those two things, your credit scores will begin to improve over time.

We work hard and strive to deliver great results with our clients’ credit and debt goals always in mind. We are your ONE stop shop for all your credit and debt needs! Call us at 844.FIX.URCR for details.

*Individual results may vary. Please call for details and to discuss your own individual situation.


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