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(Read: How to repair your credit) Keep this in mind, and consider working on repairing your credit (and possibly an old car! ) while you work on increasing your credit score, which can save you thousands of dollars in payments, and help you afford a better car. Check your credit score at Experian >> If you have a low credit score, you need to raise your credit score fast to get a car loan. Correct errors on your credit report to increase your credit score, which you can DIY or get help from The Credit People. If you have bad credit or a low credit score, you may need to hire a credit repair company to increase your score.

If money management is not your strong-suit, then credit repair probably is not within your core competency Credit repair companies comb through your credit reports, find errors and try to get them removed, potentially bump up your credit score. In general, credit repair companies work like this: • Credit repair services get your credit report from each of the three big credit bureaus — Experian, Equifax, and TransUnion These laws also make it legal and accessible for everyone to repair Credit repair companies can be a great option for some people, but you can also tackle credit repair on your own — especially if you’re prepared to spend a lot of time and energy learning how and executing the necessary steps. Here are some reputable credit repair companies, and monthly fee: The Credit People, $19 to try for 7 days, then $79 per month Lexington Law, $89.95 per month and up Credit Saint, $99 to start, then $59.99 monthly and up I am not going to lie: there are a lot of really shady credit repair companies out there.

This means running a credit score check through a credit score estimator or signing up for a service that lets you get your credit score free. 5 tips to raise your credit score in a hurry You may be wondering how to raise your score by 200 points over time or how to get your credit score up fast. In addition to secured credit cards, there are also unsecured credit cards for “fair credit,” credit cards for people with a score in the 600’s, and even more options for people with scores over 700. How to use credit cards to build credit and improve your credit score Once you have a credit card in your arsenal of tools, it’s crucial to make sure you’re using it to your advantage.

If you need to get a mortgage to buy a home (or refinance your mortgage to keep your house), get a car loan, get a student loan, a good rate on insurance, or a line of business credit, you may find that you need a boost in your credit score to get what you need. Once your score reaches 700 or more, move on to a regular, unsecured credit card — one with no annual fee, a good points system, and other perks that you can now enjoy thanks to a solid credit score! (but you knew that) If you have your own business, you may need a business credit card, business loan, or to sign a or get a car loan under the name of your business. To start to understand your own credit history and score, start by pulling a free credit history, which will also have a credit score.