How To Fix Bad Credit History

Bad credit involves having a credit score in the low 600s or lower. Bankruptcies, foreclosure and other credit problems can bring on bad credit. However, there are effective methods to fix a bad credit history and help raise a bad credit score. Recognizing the causes of your bad credit is key to improving your score.

Instructions

1

Stop using credit cards, and pay down your debt. Put your credit cards in a safe place, and then use your extra income to pay more than your minimum payment until you pay off the balance.

2

Use online services to pay your bills on time. Payment history plays a big role in credit scoring, and paying creditors on time can help fix a bad credit history. Mail your payments early to avoid late charges, or use online payment systems for faster arrival.

3

Understand the danger of excessive credit inquiries. Applying for credit card offers can damage your personal credit score. Walk away from in-store charge account offers and shred preapproved credit card offers.

4

Pay delinquent accounts. Regardless of the age of delinquent accounts, make arrangements with your creditors to pay off these debts. Talk with your creditor, and ask the company to erase the collection account from your report after you've paid the balance.