If you are an authorized user of another persons credit it has no effect on your credit at all. It will not raise nor lower your score. The credit card company simple issues you a card with your name on it and then holds the person who holds the credit with them responsible for any charges you make.
To quickly raise your credit scores you should pay off your credit cards, or get a credit card if you don't already have one.
Credit counseling does not always work and may actually make your credit score worse. There are no quick fixes to raise credit scores and just pay your bills.
Credit scores can be raised by being responsible with credit. Credit card bills should always be paid on time. Debt reduction can also raise a person's credit score.
Having an authorized user card does not help the authorized user's credit bureau score. ie) if I had good credit and I gave someone an authorized user card, that person's purchases would be on my statement and I would be responsible for the other person's purchases. If I don't pay for the other person's purchases, it would reflect on my credit bureau negatively as not paying on time and be charged interest.
It is so important to maintain a good credit score, and if you need to raise your score, there are a variety of ways to do so. Here are a few sites that can provide you with great advise for improving our credit score: http://articles.moneycentral.msn.com/Banking/YourCreditRating/weston-raise-your-credit-score-to-740.aspx http://money.msn.com/credit-rating/9-fast-fixes-for-your-credit-scores-weston.aspx
To quickly raise your credit scores you should pay off your credit cards, or get a credit card if you don't already have one.
Credit counseling does not always work and may actually make your credit score worse. There are no quick fixes to raise credit scores and just pay your bills.
Credit scores can be raised by being responsible with credit. Credit card bills should always be paid on time. Debt reduction can also raise a person's credit score.
Having an authorized user card does not help the authorized user's credit bureau score. ie) if I had good credit and I gave someone an authorized user card, that person's purchases would be on my statement and I would be responsible for the other person's purchases. If I don't pay for the other person's purchases, it would reflect on my credit bureau negatively as not paying on time and be charged interest.
You can check your personal credit score at www.freecreditreport.com and it will also give you some more information about how good your score is compared to other scores, and what you can do to keep it up, or raise it.
It is so important to maintain a good credit score, and if you need to raise your score, there are a variety of ways to do so. Here are a few sites that can provide you with great advise for improving our credit score: http://articles.moneycentral.msn.com/Banking/YourCreditRating/weston-raise-your-credit-score-to-740.aspx http://money.msn.com/credit-rating/9-fast-fixes-for-your-credit-scores-weston.aspx
Lexington Law improves credit scores by identifying and disputing inaccurate or questionable items on credit reports, such as errors or outdated information. They work with credit bureaus and creditors to address these issues and help clients establish positive credit behaviors. Over time, this can lead to an increase in credit scores.
It depends on what your credit score is currently at. Credit scores below 475 are considered bad or no credit. That can be achieved by failing to pay credit card bills & loans and is definitely not recommended. If you are trying to raise your credit, take out a secured credit card.
In some cases, it actually does. This really depends on a lot of factors and variables, but I have seen credit scores increase 100+ points after filing a bankruptcy.
Anytime a negative item is removed from your credit report, it will raise your credit score unless new collections are added to your report.
Credit scores normally range from 330-830. The only way to raise your score positively to continue to pay all bills on time and keep your debt ratio low. With a new credit card/loan it takes about 6 months of positive information to raise your credit score.
No, not immediately. At first your scores will be lowered as you just gave a bad debt a more current date. If you are trying to raise your scores for a mortgage, I suggest you leave these alone til the mortgage closing and the two are paid then. If you are just cleaning up your credit, your scores will start to rise about 3 months after they are paid. The scores will go up every month after til you are at the level you should be depending on the open credit you have now