Credit Restoration
Raise Your Credit Score
Get a free no obligation credit repair consultation
Request a copy of your credit score report – and make sure it is correct.
American Credit is a 90 percent referral based company that has worked very hard over the years to perfect our level of service and provide real solutions for our clients when it comes to raising their credit scores. Service and solutions are imperative, but timing and technique are also vital to help consumers repair their credit. Through guided strategies from our credit experts and deleting erroneous, unverifiable information reporting on consumers credit reports, we have helped thousands of U.S. families increase their credit scores even after BK’s, foreclosures, etc.
Set up automatic bill pay.
Payment history makes up 32 percent of your VantageScore credit score and 35 percent of your FICO credit score. The longer you pay your bills on time, the better your score. Avoid missed payments by setting as many of your bills to automatic pay as possible.
Build credit through renting.
VantageScore’s scoring model, created by the three major credit bureaus, will now weigh rent and utility payment records. This will allow it to score as many as 35 million people who previously couldn’t get a credit score.
Keep balances low on credit cards
Racking up big balances can hurt your scores, regardless of whether you pay your bills in full each month. You often can increase your scores by limiting your charges to 30 percent or less of a card’s limit.
Apply for and open new credit accounts only as needed
Keep this in mind the next time a retailer offers you 10 percent off if you open an account. However, if you need a new line of credit, don’t jump at the first appealing offer; compare rates and fees offered through mail solicitation, on the Internet or at your local bank.
Don’t close old, paid off accounts
According to FICO, closing accounts can never help your score and, in fact, can damage it.
Talk to credit counselors if you’re in trouble
Using legitimate, non-profit credit counseling can help you manage your debt and won’t hurt your credit score. For more information on debt management, contact the National Foundation for Consumer Credit.
