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Old 09-08-2007, 01:21 AM
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Default How can I make my credit score higher and better?

I recently gave my car up because of high payments. Now how can I rebuild my credit since it was damaged by the car finance?
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Old 09-08-2007, 04:33 PM
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find a bank that will loan you money. any amount .even if you have to get a co-signer. don't spend the loan money . pay it back in a month. do that a few times. it will raise your score.
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Old 09-08-2007, 05:52 PM
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You need to have a well-balance variety of accounts. You need revolving (credit cards), installments (maybe 1 or 2 mortgage, car note, student loan) and to pay them in timely matters. Also if you have a relative like your mom or someone who has excellent credit and has had a credit card w/ good payment history for about 10 years, ask her to add you to her account, this will give a healthy amount of points.
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Old 09-08-2007, 11:08 PM
ama ama is offline
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While the ideas listed are good solid ways to build your credit the quickest way is to get someone with very good credit -- like a parent - to add you as an Authorized User on their acct. Without a c.c. they stay protected and your credit score goes up -- quickly!~
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