Can a bad credit rating be fixed?

Ahdab asked:


Can it be improved like the way G.P.A.s (grade point averages) can be?

Debra
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3 Comments

  1. jlf says:

    Joann

    Only with time and good credit behavior.

  2. STEVEN F says:

    Frederick

    Yes, it can be fixed in exactly the same way a GPA can. That is, GOOD history will eventually outweigh bad history. There are no quick fixes, aside form disputing FALSE information.

  3. B F says:

    Christopher

    You can improve a bad credit score. If something specific caused it, like a repossession or bankruptcy, it will take several years, It will also require negotiating repayment of some of what is owed.

    In general, keeping a low debt to credit ratio, having only one or two credit cards, paying more than the minimum due on bills, and paying your bills on time will increase a bad score.

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