How to Build Credit: tips and tricks

In this article, we’ll explain some of the strategies we follow to build our clients’ credit and, most important, how to build it in a healthy way.

So, if you’re here, probably you already know why is important to have good credit, right? If you don’t, we encourage you to visit this article and get back here as soon as possible.

Secured Credit Card

The chances to get approved for an unsecured credit card we don’t have a credit history are, usually, slim to none. The best way to start building your credit history will always be to get a secured credit card to open your history with a Revolving Tradeline account.

Some of the options Credit Repair Anywhere offers are these:

Credit Builder Card: Easy and effective
Capital One Bank Card: An Allmighty Mastercard

These secured credit card options are backed up with a referral link but nowadays, you can find a lot of options online.

We recommend that you seek an advisory with a credit specialist to learn which of these secured credit cards will give you the best benefits and will grant you better options to achieve your goals.

Get a personal loan

One of the other options we have, as a Credit Repair Company, is a direct link to Self Lender that also (drumroll, please) offers a secured credit card after 4 months of their active personal loan. With this option, you’ll be able to open a new Installment account which will increase your scores and boost your credit mix.

Self Lender is the best option for an Installment Tradeline account

Accurate Credit Reports

Once our clients manage to open the recommended options, the next thing we do is to do a monthly analysis of their credit reports.

Maybe you’re wondering: “But if I have no credit, how are they gonna check my credit reports?“.

Well, after our clients apply in the links we send them, and after our affiliates have enough time to start reporting, is time to monitor carefully our clients’ credit reports. One of the most precise tools we use to get credit reports is IdentityIQ because they allow us to check the credit reports with the same level of detail a lender might see it.

Accurate and spot on!

The other reason we need to take a look at our new-in-credit client’s credit reports is that we’ve found some cases where our clients notice that their landlord pulled their non-existent credit or, also, that they find accounts they don’t recognize assigned to them.

For these specific cases, we have at hand our credit repair process to fix those problems.

On-time Payments

Is important… No! SUPER IMPORTANT! that you make all of your payments on time and, also, that you pay a little bit more than the minimum monthly payment. Through our monitoring process, we’re able to educate our clients about how to handle their credit scores and how to make the payments so they can always have optimum scores.

Total Open Accounts

Each Credit Bureau has its own credit scores model and an algorithm to determine what’s the score for each client but what’s standard is that the bureaus need enough data to determine the scores.

One of our recommendations is to keep a healthy amount of open positive accounts and to keep them between the percentages the credit bureaus consider excellent. That way, our clients can keep their scores over 750 through time.

If you have any questions, please, don’t hesitate to get in touch with us or leave us your comments below this article.

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