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I missed a payment on my credit card and dropped 2

Date: Mon, 03/21/2011 - 18:25

Submitted by anonymous
on Mon, 03/21/2011 - 18:25

Posts: 202330 Credits: [Donate]

Total Replies: 4


I missed a payment on my credit card and dropped 24 points on my credit score. How fast can i bring that score back up?


Hi!
Welcome to the forums!

There is no short cut route to increase your credit score quickly. I would also advise you to not run to the credit repairing agencies which promises you to raise your credit score within a few days. That is just impossible. Don't become a victim of such scams.

Keep on adding positive information on your credit report. This will help you increase your credit score gradually. The exact time will depend upon the extent to which your credit score has suffered due to any negative items on your credit report.


lrhall41

Submitted by Good Nelly on Tue, 03/22/2011 - 04:36

( Posts: 2846 | Credits: )


Make sure payments on mortgage, installment loans, car loan, credit cards are timely. You can let the utilities be a couple days late. Don't let any outstanding medical co-pays go to collection. Also do not charge anything else - your score is also based on your credit utilization - the ratio of credit available and what you've used.

Do not apply for additional credit.


lrhall41

Submitted by aubrey on Tue, 03/22/2011 - 07:14

( Posts: 1203 | Credits: )