How Do You Fix A FICO Score?
You have applied for a new loan or credit card, only to find that you were denied credit. The problem is likely that your FICO credit score is too low. If you have a lot of debt and some bills that you did not pay on time, it will likely affect your ability to get a loan. Before you apply for more financing, you need to focus on fixing your FICO score. The good news is that it is entirely possible to fix your credit rating with a little bit of time, patience and hard work. Step 1 Get a copy of your credit score and check it for errors. Correct any errors by sending a certified letter to the credit bureau and the lender in question. Step 2 Start paying your bills on time, no matter what. Late payments are one of the most harmful parts of your FICO credit score. Make any delinquent payments current as quickly as possible. Step 3 Pay off your credit card balances. Try to pay them so that each one has a balance that is less than a third of the total credit limit. This will improve your FIC
