The process of rebuilding credit scores has no shortcut. A commonly asked question by people with poor credit scores is “how long does it take to fix credit?” Well, there is no definite answer to this query. In essence, it is a matter of how difficult your financial situation is and how it has tarnished your credit history. Perhaps you might take months before you rebuild your credit score, or maybe it could take you years. Fact is, negative data remains on your credit report for at least 7 years. Such delinquencies include missed payments, unpaid taxes, and bankruptcies. However, if you take the 4 important steps to fix your credit, this negative information will soon stop affecting you.

Have at least one account with good credit scores

In case you do not have a positive account, contact a good credit repair company. The agency knows the type of cards and accounts that can save your situation. You will be approved if you seek help from an expert. Do not apply for a card if you are not sure of the right way to go. Opening wrong accounts could adversely affect your scores instead of rebuilding them.

Timely payment of debts

Did you know that payment history contributes to 35% of your credit score? Do not miss any payment if you want to improve your credit. Note that late payment drops your scores immediately and it is going to take you years to repair the same damage.

Minimum credit use

Keeping expenses low (below 30% of the credit limit) is a sure way to improve credit. The lower the utilization rate of your credit card, the better your report becomes.

Hire a reliable credit repair company

Experts can help you fix your diminishing credit scores in a quick manner. Just ensure that you send the responses you get from credit bureaus and creditors as soon as you receive them. If any there is any negative accounts you still have, make sure you report this to the credit repair company to get help.

While serious credit issues like collections and charge-offs are almost impossible to erase from a credit report, the good news is that you can start rebuilding your credit scores as soon as you can. Thanks to your lucky stars you have bumped into the right site. Make use of the 4 crucial steps.