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3 Simple Ways to Start Repairing Your Credit

Written by:

Christie Petersen

Edited by:

Kristin Marino

Updated on June 19, 2023

Credit score repair is important to many people for many different reasons. Maybe you’re looking to buy a new home, open up a small business, or are tired of high interest rate credit cards. Learning how to repair your credit can help consumers who are looking for financial freedom.

The reality is that credit score repair can happen in many different ways. You can look into credit counseling where you will be set up with someone to help you repair your credit or you could start doing it yourself. Credit repair services can help you along by disputing negative marks on your credit report, discussing credit card changes, and figuring out if debt consolidation is a possible. The following suggestions are just a few ways to get started on the process.

You might have received conflicting advice regarding older credit cards, or those with a zero balance; close them! leave them open! The truth is that you should keep your cards open, even those with a zero balance, and use them. When you use them, pay off the balance immediately. These older cards may help repair your credit as many credit bureaus look at how long you have had a card open, the credit limit, and the balance.

Missing your payments can be harmful to your credit, and it’s likely you are aware of this, but it’s time to start getting serious. Even making late payments can hurt your credit if your payment is later than 30 days. Debt consolidation could be a solution if you have several credit cards payments due at all different times of the month.

Once you get a credit card, or loan, it can be easy to cut off all ties with your lender. However, being in touch with them is one way to start repairing your credit. You don’t necessarily have to be buddy-buddy with your lender but should be able to reach them easily. It’s important because should you need to make a late payment you might be able to get a one-time extension or post your payment without a negative mark on your credit report. Lenders might also be able to work with you in getting a lower interest rate for a designated period of time or assist you in consolidating your balances into one loan or credit card.

The Takeaway

A few smart credit moves can jump start your journey towards credit score repair. AmONE can help you identify ways for you to keep up to date on your payments, use your credit cards wisely, and work with your creditors to repair your credit. Our knowledgeable associates are ready answer your questions on money management, financial planning, debt consolidation, credit score repair, and more. Contact us to learn how to repair your credit today.

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Advertiser Disclosure*. The financial products and services on this site are from advertisers from which AmONE receives compensation. Compensation may be based upon whether you click on certain links on this site or buy products or services from those advertisers. We do not receive compensation from consumers. The placement of advertisements on this site are based in part upon the compensation AmONE has or expects to receive from those advertisers. Placement of advertisements does not reflect our recommendation of any advertisers' products or services. Please consult a financial services professional before making any financial decisions. Our advertisers do not include all the financial products and service providers available in the marketplace.

Loan availability, rates, APRs (Annual Percentage Rate), and other terms vary by advertiser and borrower attributes, including borrower location. Lenders have a range of available APRs; only borrowers with excellent credit will qualify for the lower rates. As of 01/11/2024, our advertisers were offering loans to some consumers for as little as a 6.40% APR on a three-year $100,000 loan.

We do not provide financial products or services. Rather, AmONE provides administrative and marketplace services by attempting to connect consumers with service providers offering products and services such as debt settlement and personal loans. We do not take applications or make credit decisions. We may not be able to match you with any of our advertisers. Credit and other decisions and terms are determined by our advertisers based upon the consumer's submission of an application to the advertiser, which may obtain other information about the consumer from third parties. Approval for financial products and services by an advertiser is not guaranteed.

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