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Help Save Your Credit Score with Lexington Law’s Credit Repair Service

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Your credit report is one of the most important documents in your life. Whenever you try to rent an apartment, take out a loan or apply for a credit card, the lender checks your credit score to see if you’re a reliable borrower. If you have a low credit score, few lenders will want to give you the money that you need to buy a car or house.

Many people don’t realize that you don’t need to file for bankruptcy to have a low credit score. A single late payment could drop your score by 100 points or more. You could try to repair your credit score on your own, but there’s only so much you can do as an individual. And if you need a loan within the next few months, you don’t have years to build up your credit score.

That’s why Progrexion, Lexington Law and Credit.com’s credit repair service does the hard work for you. They challenge the negative items on your credit report and get as much removed as possible, giving your credit score a much-needed boost.

When you sign up with Progrexion, they’ll evaluate your credit report to find negative items. Progrexion targets items that they could potentially challenge and eliminate from your report. Once they’ve reviewed your report, they’ll contact credit agencies and creditors on your behalf to contest these items. Any questionable or inaccurate items fall off your record, boosting your credit score.

With more than 20 years in the business, Lexington Law and Credit.com have built a relationship with all three major credit bureaus. They know how to negotiate with Experian, Equifax, and TransUnion to get inaccurate reports off your record. Progrexion also stays up-to-date on the latest consumer protection laws and uses legal precedent to ensure that everything on your record is 100 percent factual, the company says. If they can’t back up their claims, the reports come off your record.

To view your credit report, sign up for a credit evaluation on the Progrexion website. You’ll get your credit score, credit report summary and personalized service recommendations — all 100 percent free. If you haven’t checked your credit score in a while, take this opportunity to see if your score has risen or dropped. You might have a few negative items on your report that you don’t know about.

If you’re interested, fill out the form on the website to get your free consultation. Progrexion will perform a soft credit check that won’t affect your credit score. From there, you can decide if you want to buy a service tier.

After Progrexion cleans up your credit score, they’ll offer tools and advice to help you maintain a good credit rating. Customers who invest in the PremierPlus service get identity protection, personal finance tools and other essentials. In other words, Lexington Law’s credit repair doesn’t just boost your credit score — it gives you valuable tools so you don’t find yourself in this situation again.

Visit Progrexion today to get started with a free credit consultation.

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Dave says: If you need a cosigner, you're not ready – Northeast Mississippi Daily Journal

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How to improve your credit score in 2021: Easy and effective tips

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If you’ve ever wondered “What is my credit score?” it’s probably time to find out. Having a good credit score can make life a lot more affordable. If you’re about to buy a house or car, for example, the higher your credit score is, the lower your interest rate (and therefore, monthly cost) will probably be.

Your number may also be the deciding factor for whether or not you can get a loan and ultimately determine if you are even able to buy something you want or need.

So, yes, the goal is to have the highest possible credit score you can, but increasing the number doesn’t just happen overnight. There are important steps to take if you want to increase your score, and the sooner you start working on it, the better.

“If you’re trying to increase (your credit score) substantially to accomplish a goal, you’re really going to have to have as much lead time as possible,” said Thomas Nitzsche, director of media and brand at Money Management International, a nonprofit financial counseling and education provider that advises people on how to legally and ethically improve their credit score on their own.

If you have fair credit and you’re trying to improve the number for a house purchase, for instance, you’ll want to start working on it at least a year in advance, he explained to TMRW.

But even though that sounds like a long time away, you can (and should!) start doing things right now to bump that number up. Below, see seven things you should do — and not do — to help improve your credit score:

1. Review your credit report

Review your credit report and look for errors that might be hurting your score. Morsa Images / Getty Images

The first thing you’ll want to do is pull up a copy of your current report so you know where you stand. You can get free reports from all three agencies — TransUnion, Experian, and Equifax — at annualcreditreport.com. Nitzsche said it’s important to take a moment and understand the financial snapshot of where you are today and where you want to be.

You’ll also want to take some time and look for any errors on your report, which could negatively impact your score. “If your name is misspelled, that’s not going to hurt your score,” he explained. “But if you see a late payment or missed payment (that’s in error), or maybe you have an account that should be reporting but isn’t, then that’s a problem and that will impact your score.”

If there is an error, you should dispute it and try to provide as much proof as you can.

One other thing: You can also ask a creditor to remove an issue if it’s been corrected (i.e., if you paid off a collection debt). Nitzsche said it doesn’t hurt to ask and the worst thing they could say is no.

2. Have good financial habits

“The biggest part of your credit score is payment history, so the most critical thing is never missing a due date,” Nitzsche said. Set up a monthly autopay or add all due dates to your calendar so you never miss a bill.

You can also achieve a higher score when you mix different types of accounts on your credit report. It may seem counterintuitive to get extra points for having debt in the form of student loans, mortgages and auto loans, but as long as you’re paying them off responsibly, it shows that you’re reliable.

3. Aim to use 30% or less of your credit at any given time

Know your credit limit and aim to only use 30% or less of it for a better credit score.Tim Robberts / Getty Images

Know your credit card limit, and try not to use any more than 30% of that number each month, otherwise your score could lose points for too much credit utilization.

Another thing you can do is ask your bank to increase your limit. “That will give you more flexibility to spend more,” Nitzsche said. You could also pay it off twice a month to keep the balance low. But he does warn that you never know when the balance is going to be reported to the bureau. It can happen at any point during the month, so it might be the day after you make the payment or the day before. “You don’t necessarily want to use the card and pay it the next day because that doesn’t give the bureau the chance to know that you’re using it,” he said.

4. Avoid requests for new credit

If you’re looking to increase your score around the time you want to buy a house or car, you won’t want to open up a new line of credit, like a retail card, credit card or loan. That’s because “hard” credit inquiries like those can lower your score, and sometimes it comes down to a few points over whether you’re approved or what your rate will be, Nitzsche said.

“Soft” credit inquiries, like when an employer checks your credit or when you pull your own report, won’t affect your score.

5. Keep all accounts open, even ones you don’t use anymore

Even if you don’t use that credit card from college, it’s a good idea to just keep it open because closing it could hurt your score. Nitzsche explained that you’ll be dinged some points for each account that is closed. If you want or need to mentally break up with a card, just cut it up instead.

6. Build your credit if needed

If you haven’t established credit yet, you might not even exist … in the credit report space, that is! “If someone has never fallen in delinquency on any subscriptions or utilities or never had collections on anything and they have not utilized credit cards or loans in the past seven to 10 years, they may not have a credit profile at all,” Nitzsche said. “That presents a challenge when you want to buy a home.”

If this sounds familiar, you may have to get a secured credit card where you put down a deposit, he advised. “You still have to make payments and use it responsibly. Not all banks offer them but you can usually check with your local bank or credit union.”

7. Reach out for help

If you want personal guidance on boosting your credit score, make an appointment with a credit counselor.kate_sept2004 / Getty Images

There are many apps and credit-monitoring services that can help you stay on top of your credit score. You could also reach out to a professional credit counselor who can help you navigate your specific situation. (Here’s a good resource about finding a reputable service.)

One last thing: Nitzsche warned that everyone should beware of credit repair scams that claim to be able to increase credit scores for an advance fee to get accurate negative information removed (even temporarily) from credit reports.

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