Havent had a late payment in 5yrs and my score is still low?

Question

plz advise.

Answer 1

You probably do not have a good mix of credit.

If you are financially sound and are not in the market to buy anything on credit, don't worry about it.

If you are worried, go get a credit card or two and keep the utilization under 35 percent of the limit. If you do that and keep paying your bills on time, in 12 months your score will be great.  

Answer 2

That doesnt make any sense. Do you have credit cards? A mortgage?

Check your credit report Go to www.annualcreditreport.com

You are entitled to a free credit report annually from each of the three credit bureaus. No credit card is needed.

You can dispute any negative info online...and you can see if there are accounts open under your name by someone else...Email me I need more details to give you better advice!:)

Answer 3

) I would add a tradeline program to boost your score quickly (60 days or quite possibly less). A friend in California used this and got a 120 point bump from 560 to 680. There has been a lot of disinformation by Experian saying these authorized user programs do not work. Check out the source news link for an article from July 30th that has them admitting it still exists. My friend in California went through www.totaldebtsolutionsllc.com and filled out their free evaluation form to get the ball rolling. Good luck.

Answer 4

gotta pay all your bills on time. do not check your credit or open any new accounts. also don't close accounts you have opened before.  

Answer 5

Are you just making the min. payments? or do you sometimes pay larger amounts?

Have a look at your credit report. And contract your credit card company and ask the same question.