Question by : I’ve heard about many things about fixing credit score. Which actually work and how fast?

Fast Credit Repair
Best answer:

Answer by SPIFIMAN1
There are really very few things people can do to “fix” credit due to the Fair Credit Reporting Act since it say’s that all derogatory accounts show for 7-years from the date of first delinquency and as long as the information is true and correct it can not be removed.

The exceptions are bankruptcy’s (10-years), student loans (until they are paid), tax liens (15-years) and judgments (either 7-years or whenever the statute of limitations runs out whichever is longer).

So the best thing people can do is pay their bills on time and never carry a balance on credit cards if they can help it and if not at least never exceed 30% of their limits. This will establish a good pay history which is 35% of your score plus keep your debt to credit ratio low which makes up another 30% of your score.

As far as time is concerned credit scores are 90% based on the last 24-months of activity.

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