How to hack your credit score


Bad credit can also make it difficult to rent an apartment, go to college, or even get a job.

And here’s the kicker: if you want to build your credit, you have to get credit.

But how do you get credit if you have bad credit?

An important first step: open a bank account, take out several small loans and make occasional monthly payments, which over time should improve your score.

Next, consider applying for what is called a secured credit card, which means you have secured the card with cash.

You can also ask a family member with good credit to add you to their credit card.

Just make sure you have a good relationship with the person because if you miss or are late with a payment it can hurt both your scores.

And if you have a debt that is in the process of being collected, pay it off ASAP and make sure you pay all of your bills on time to avoid collections in the first place.

Once you’ve paid off any debt in collection, many credit scoring systems won’t weigh them down heavily when calculating your score.

And be sure to check your credit report carefully. Dispute any mistakes you might find by sending a certified letter with proof to the big three credit bureaus.

They have about 30 days to respond.

Consumer Reports says you should be wary of any quick credit service that offers help for a fee.

You don’t have to pay to repair your credit. It just takes a solid financial plan and time.

All Consumer Reports materials are copyright 2021 Consumer Reports, Inc. ALL RIGHTS RESERVED. Consumer Reports is a non-profit organization that does not accept any advertising. He has no commercial relationship with any advertiser or sponsor on this site. Fo


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