@Anonymous wrote:
I have had My FICO for years and sweat everytime I check and see my scores are FAIR. I found this forum site but get a bit overwhelmed with all the information. Is there a way to be guided step by step, I know that sounds childish but honest!
Well the first step you have already done and that's stating your goal and finding this forum.
There is a great amount of information and way too much to digest in a short amount of time but that is just the same as improving your credit. It's not a sprint it's a marathon and it all takes time.
You should join a few monitoring services such as Credit Karma, Wallet Hub, don't be too concerned with the scores given because they are Vantage scores and most creditors are only concerned with Fico scores.
The great thing about them is they give you suggestions and advice on how to improve your credit (almost in a step-by-step manner).
They have helped me tremendously along with this forum.
For Example:
They may show you if you pay down a certain balance you may receive x-amount of points.
If you need to work on your credit mix (revolvers, store cards, installment accounts) for points.
They may show you what's needed for your credit utilization to increase your score.
They show you how each move affects your credit scores.
They show you your age of accounts and how they affect you.
They show you how your inquiries affect your credit and when they will drop off.
What to do about negatives on your report.
Possible pre-approval opportunities.
Etc.
Basic things that will help:
Paying bills on time every time.
Keeping Utilization low.
Not generating too many inquiries and new accounts in a short period (3-6 months) of time.
Not getting any negatives (7 years is just too long to suffer).
Take it slow, check here often, and be patient.
Good luck
