Step 2: Pay Bills On Time
Once you’ve made sure your credit reports are correct, the next step
toward credit repair is to start paying each and every bill on time. Even
if you’re just paying just the minimum amounts due, pay those at least.
And right on time.
Just as delinquent payments and missed payments have a negative impact on
your score, regular on-time payments have a big positive impact.
Simply put, the longer you pay your bills on time, the higher your credit
score.
This is a relatively slow route to improved credit ratings, but it’s
the one that works in the long run.
Creditors place a lot of value on consistent behavior. So if you do wind
up being late on one payment down the road, having established a history of
paying on time will make all the difference.
Next: Step 3 - Keep Using Credit |
