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How to Fix Your Credit Without Outside Help

Are you struggling with a low credit score, and not sure where to start to figure out how to fix your credit? Whether due to negligence or misfortune, this simple guide can help you get back on your feet and improve your credit score, without any outside help! We also explain when a payday loan can help.

Understanding Your Credit Score

To improve your credit history, you need to understand how credit is assessed and what factors influence your credit score.

Four Main Factors Influence Your Credit Score

  1. Payment history
  2. Length of credit history
  3. Credit utilization score
  4. Number of credit checks

Ordered from most to least impactful, these four factors are what you need to focus on to fix your credit score.

How to Fix Your Credit Score Yourself

Request Your Credit Report and Check for Errors

The first step of figuring out how to fix your credit is to get your credit report history and see what your score is and exactly what is hurting your score. This way you can adopt a targeted approach.

Credit reports are not always perfect, and you may notice errors, such as payments you have made that are not registered, or credit applications you did not make. Disputing these errors right away to get them removed from your credit report will automatically increase your score.

Always Make Your Payments on Time

This is the easiest, and best method to use when thinking about how to fix your credit. Simply pay all your payments on time and in full!

If You Cannot Make the Full Payment, At Least Make the Minimum Payment

It is not always possible to make full payments every month, if this is the case, do not simply miss the payment! A completely missed payment will automatically lower your credit score while making a minimum payment will be recorded as payment and keep your account in good standing.

Contact Your Lender to Discuss Re-Payment Options

Many credit lender companies have re-payment assistance programs available to those who are struggling to make payments. By simply calling your lender and asking them how to fix your credit, they may be able to help you by lowering your interest rate or modifying your re-payment schedule.

Leave Your Longest Standing Credit Open

Regardless of if it is a credit card or a loan, pay off your oldest credit, and leave the account open, even if you do not use it.

However, check your agreement and make sure there are no fees associated with keeping an account open that is not being used. If there are fees, try contacting your lender to see if they can remove them or close the account to avoid paying unnecessarily.

Use 35% or Less of Your Credit Limit

person happy with payday loan money

Using the maximum amount of credit you are given, even if you pay it back in full, decreases your credit score.

Combine the amount of credit you have from all your credit cards, lines of credit, and loans, and compare it to the amount of that credit that you use every month. If the amount you use is higher than 35% of the total credit limit, make changes so that you are using less, until you get under 35%.

Alternatively, if you can trust yourself to not use more credit, call your credit company and ask for an increase in your credit limit. As long as you are not using it all, this is a quick and easy way to lower your credit utilization score.

Only Apply For Credit When You Really Need It

Frequent credit applications will decrease your score, as it indicates you are desperate for money or are living above your means. While trying to figure out how to fix your credit, avoid applying for new credit.

Unexpected emergencies happen, and often it feels like they come at the worst time! It may seem impossible to get the extra cash you need while worrying about how to fix your credit at the same time.

Looking for a quick loan that isn’t affected by your credit score? Payday loans are fast, simple to obtain, and available to anyone!

Why should you get fast payday loans from Fast Payday Loans of Kentucky?

  • You can get up to $100-500 of emergency cash in under 30 minutes
  • Anyone can apply, regardless of their credit history
  • Straight-forward application process with little documents
  • Confidential and reliable service

How to Get Your Payday Loan in Under 30 Minutes

  1. Visit and submit the quick cash online form.
  2. You will receive a call from their friendly loan representative, who will explain the process in detail and answer all your questions. They will set up a meeting with you to begin the process.
  3. At the meeting, you will present your government-issued I.D, your most recent pay stub, and a blank check from your checking account. Your loan representative will be able to do an evaluation on the spot and let you know exactly how much money you qualify for!
  4. As soon as the form is completed, you will receive your cash.

You no longer have to worry about how to fix your credit while still getting the loan you need. Fast Payday Loans of Kentucky are reliable, trustworthy, and confidential, ensuring you get the cash you need as quickly and easily as possible.

Let this be the only outside source you use to help fix your credit and get it done starting now! The fast payday loans in Kentucky we can be the help you need with your finances today.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.