ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Tips to Fix Bad or Good Credit Report & Score

Updated on July 6, 2013

Hubpages: If you like to write or blog, do it by earning a bit of money along the way. Signup here: http://hubpages.com/_trackingmarleyoz/user/new/

In approximately 5 years I was able to jump my credit score over 100 points. I began at a score of 546. I had very bad credit and at that time no creditor wanted to help me out. After applying for a personal loan I found out about my horrible score of 546. Of course I got denied. I didn't think I would ever be able to conquer my bad credit. This system might not be 100% for you, but it sure helped me out.

First off, I got my free credit report from an actual free agency (one of the annual credit report companies will work). I saw so much wrong with my credit report that I didn't agree.  I had medical bills that should have been paid through my auto insurance and some late credit card payments that I did eventually pay off. I took these pieces of my credit report and challenged each one. Finding out in about a month, most of them came off my credit report. I also had other negative remarks coming off my credit report within that year that I didn't bother challenging right away.  After some of the additional negative reporting dropped off I applied to a couple credit card companies with annual fees. I did get approved for those, but with low credit limits.

I paid off each card each month and usually only used it for gas and small purchases. Within a couple years after more negative remarks dropped off and I paid on my two credit cards, my credit score jumped tremendously. Through the years I checked my credit reports through all three agencies and challenged anything that I felt was not right. After about 3 years of actually doing good, I applied for a better credit card and received a larger credit limit and also my other credit cards raised my credit limits.

Finally after the fourth year passed I applied for a personal loan and actually received one. I paid off all balances to my credit cards with a debt consolidation personal loan. At that point in my life I was amazed at how, after a few years, my credit was back on track. On the fifth year my wife and I purchased a home loan with my credit score over 700.

In conclusion, a couple simple steps to stay on top of your credit score; check your credit reports annually, challenge any issues you feel is not right, pay your credit cards on time, and keep your balances low.  With a low credit score now, you may be able to change your score in a manner of 5 years.

I hope this helps some of you to stay positive.  I didn't think it was going to happen either, but it did and I am grateful for it.  Just be patient, because anything worth having is worth waiting on.

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)