Where to successfully fix your bad credit score in 2020
People with excellent credit scores qualifies for good products at the cheapest or best rates. According to statistics 1 in 9 applications for a mortgage was rejected in 2018 because of a poor credit score, so building your credit can make life comfortable getting lower interest rates, car insurance rates and so on.
A credit score of above 700 can be considered good but above 800 is excellent even at when you are at the excellent range , you’d definitely still need to keep building in order to avoid a sudden fall and its always better to have a cushion of points than to stay at the boundary which is why hackers at NETWEAK came up with a reliable credit score fixing program. They are trained to work with http://experian.com and other bureaux. Our methods are really reliable and fast in which your credit score can be fixed within a month.
Here are the simple ways to make sure you get and maintain an excellent score.
Dispute incorrect information
Making sure you review your credit report from all the three credit bureaux regularly and always getting at least a copy of your report every year http://Annualcreditreport.com in any case you see an incorrect information, you dispute that immediately because 79% of all credit reports have some type of errors on them which could bog your credit score down.
Keep your utilization low
Utilization is a very important part of most credit scores, there is no magic number but the lower the better. To calculate your utilization, divide your statement balance by your credit limit for example if you have a credit card with a limit of $5000 and you have a balance of $2500, you would have a utilization of 50%. People with the credit scores tend to have a utilization rate below 10%.
Make sure you have activity on your credit report every month
Activity doesn’t mean you need to borrow money, every credit scores( FICO, vantagescore, custom bank scoring models) need data. To make sure you have a credit score, use a credit product every month the easiest and cheapest way to build and maintain a credit score is with a credit card. Just make at least one or two purchases a month with your credit card.
For more information and tips, you can always contact us.