AboutDavid Expertise I can help answer questions on how to raise credit scores. I can educate you on all areas of credit scoring. My specialty is helping people recover from Bankruptcy and low credit scores quickly.
Experience I own a credit repair company and have helped hundreds of my clients raise their scores to purchase homes, cars and qualify for other loans.
Education/Credentials My background is in Financial planning.
Question Two years ago I filed a bankruptcy a year later I bought a new car and last year I bought a house, my credit score was
650 and is now 651 or 652, anyway even though I pay all of my bills on time or early and have made major improvements my credit score does not go up, I was told by another person it is because I do not have any credit cards, having a credit card should be a personal choice not a pre-requisite for having a higher score, I do have two revolving accounts I pay on faithfully. I am 62 and do not wish to enter into any more major debt.
How do I get my score up?
Thank you
Answer Kerry,
The best way to make a quick impact is to have negative items removed from your report. You can learn more about that at www.financialscoringsolutions.com
Longer term growth will come from on time payments to various sources...secured credit cards...unsecured cards...secured cd loans
10% of your score is based on credit mix, you'll want to keep varied types of loans and credit in place. Make sure you're only using major banks to get this done...You can get a 15% boost avoiding finance companies.
