Need Credit Repair Advice?

Good credit repair advice can be difficult to find at times, there are a couple of main key points that you need to keep in mind when it comes to your credit and if you do you will have a much greater handle on how credit works than about 95% of the people out there.

The first thing you need to realize is that the greatest factor regarding the calculation of your credit score is you payment history. It actually makes up about thirty five percent of your credit score.

You aren't considered late if you make a payment a week, two, or even three weeks late in eyes of the bureaus, you are considered late when you cross that 30 day mark. So keep that in mind when you have tight month and can't make that payment right away.

The second most important factor regarding the calculation of your score is what's called your debt to available credit ratio. You can determine your ratio by dividing the total amount of debt your have by the total amount of available credit at your disposal in the form of credit cards. Obviously the lower your ratio the better. This is also calculated and factored per account so the bureaus are looking at the total picture with respect to this portion of your score which makes up about thirty percent of your total credit score.

You can easily improve your credit score by lowering your balances, its really the most effective and quick way to do so. If you don't have any credit cards then it is crucial that you get one, and often times a secured card makes the most sense for this purpose because it is guaranteed.

If after you have done this you still don't see your scores where they need to then I suggest you use a credit repair attorney to get you started with a solid campaign to get your scores up.

I suggest using Lexington Law because I've simply seen the best results from them. They are cost effective and you can see exactly what is being disputed and when you can expect results.

I hope this has helped your in journey to repair your credit and remember to visit Insider Credit Advice for additional credit repair help!