Credit Score Improving Your Score

8 Fastest Fixes to Repair a Bad Credit Score

In addition, applying for new credit cards or loans leaves inquiries on your credit report, which contributes to 10% of your credit. Each new inquiry will cost you a few points on your score, and they add up fast.

If you want your score to increase, leave things alone and avoid opening and closing accounts for a little while.

6. Pay off and Remove Collections

Collections on your credit report can lead to a big nosedive in your credit score. Collections show up on your account when you don’t pay a debt, like a credit card, loan, medical bill, or parking ticket. If you don’t pay long enough, those debts are passed onto a collections agency and show up as a collection on your credit report.

Sometimes those collections are just going to sit there and run their course. Most of the time, they will be on your credit report for 7-10 years. However, some creditors are willing to have them removed from your credit report if they are incorrect (see above) or resolved.

Contact the original creditor directly to see if you can work with them to remove the collection from your credit if you pay it off. Sometimes you will have to do some homework if it has been sold to a 3rd party collection agency, and you will have to work with them to get the negative information removed after the debt is satisfied.

7. Open a Secured Credit Card

I know that I just told you to avoid opening new cards, but there are exceptions to every rule. If you have a very thin credit report with only one or two cards, opening more cards will increase your score over time. It will take a short drop, and then rise over the coming months, but only if you keep a perfect on-time payment history.

If you can’t get a new card because your credit history is really bad, some banks will allow you to open a secured credit card to help rebuild your credit. A secured credit card requires opening a bank account and making a deposit for the full credit limit. That way, if you stop paying, the bank isn’t worried about losing money.

About the author

Eric Rosenberg

Eric Rosenberg

Eric Rosenberg is a finance, travel, and technology writer originally from Denver, Colorado living in Ventura, California. When away from the keyboard, Eric he enjoys exploring the world, flying small airplanes, discovering new craft beers, and spending time with his wife and baby girl. You can connect with him at his own finance blog Personal Profitability.


  • Lexington law is the most useless company I have ever had the displeasure of working with, i couldn’t recommend them to my worst enemy ,, yes they send letters to creditors but at least for me,, they were not truthful letters. I had them 8 months and have accomplished far more in 2 months by myself then they ever have

  • I had a score of 500 Within 1 year I have a score of 750 But there keeps popping up a medical bill which gets disputed and they change there name and pop up again and down goes my score I don’t know how to hande this

  • Unfortunately I’m pretty sure if people with bad credit had been doing all these things in the first place, they wouldn’t be dealing with bad credit now. But I suppose it’s never too late to change your ways.

    • Some people didn’t have the tools or knowledge to know they were getting themselves in trouble. Not for you to judge. This is a crap comment.

      • We agree, Tracey! Not everyone is born with the tools to take care of their credit, and not everyone has someone who will teach them. That’s why we came up with The Credit Solution Program in the first place 🙂

    • Jimmy, your comment proves your youth and ignorance! Cancer, job loss, critical illness (heart, Parkinsons, etc. . . ), car accidents, businesses closing, lawsuits, death, bad banks that the government bails out and not the people they affected and things you don’t even see coming can affect your credit scores. You can have all the tools in the world, but when life throws you a complete curveball with something completely out of your control, family, not money, comes first. You can rebuild credit, you can’t rebuild corruption and death.

  • I am a California Resident who sign up with the Credit Pros in October of 2016, I am having problem with them, When i was first contacted by Elizabeth a company sales Person for the consultation i was told that they will work on the three Credit Reporting Bureaus,

    I never receive in any of the 4 Months that i am with them three report, The only Report that i am somewhat pleased with is Transunion,
    Experian and Equirfax in the last four Months i received two reports from each and nothing has been done on the reports,
    how every my credit card was charge $99.99 each month plus when i had the consultation on what to expect from the company i was charge $99.99 and was told that they will work on all three credit reporting Bureaus each month,

    When i complain last month i was told that they can not grantee the credit reporting bureaus action mainly Experian.

    • Hi Nellie,
      Have you considered our Credit Solution Program? You can improve your credit score on your own by using the process discussed in our program (which you can access here), or by calling a company like CreditPros (at 855-980-4898) and getting their help to bring your score up. Best of luck!

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