Question by Lady: How to fix credit and raise credit score?
I’m trying to fix my credit and raise my credit score what are the steps to do that. I read that if you have any debt on your credit report over 2yrs. do not pay it because it lowers your credit score. Is this true.
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Best answer:
Answer by athleticutie22
You should always pay your debt. Think about it, you got into debt, why should you not have to pay for it? That doesn’t make sense.
First of all, never pay someone for financial advice. Pay off your credit card bills, loans, etc as soon as you can. Even if you can only make the minimum payments, do that. Don’t miss payments or become late on payments.
Only buy what you need. Don’t apply for any more credit cards or accept any new credit card offers.
Don’t take out any loans, unless absolutely necessary.
Get a 2nd job if you have to.
Make a budget.
There are some great tips on www.daveramsey.com
Good luck.
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