Having bad credit today doesn't doom you to have bad credit forever. It just means you've got a little work to do in order to see your credit score rise. By taking control of your finances and making smart moves, better credit can be in your future.
Luckily, there are new tools that can help you build better credit. Some could even help you improve your credit score today. We've rounded up some of our favorite ideas for anyone who is ready for better credit.
Don’t try to fix your own credit
It’s true. You can 100% work to remove damaging errors on your credit report all on your own. You don’t “need” a credit repair service. But there’s one glaring issue with this approach.
While people are quick to point out that you can “DIY” your credit repair, they never tell you the drawbacks …
Like how aggressive debt collectors can be.
How you’re constantly “gaslit” by them.
Or how emotionally exhausting it is.
There’s a better, faster way: Sign up for Lexington Law Firm.
Yes, it costs a bit of money. But they know the laws and strategies to help you remove errors … and start working to help you get the score you deserve. You’ll never have to make calls or deal with harsh debt collectors yourself.
There’s no long term commitment and they even start you off with a free credit assessment so you can see any errors you currently have on your credit.
Cancel your car insurance
We've got bad news. You could be wasting $500 every year on overpriced, second-rate car insurance. And you should probably cancel your existing insurance right now, because there's something much better.
This new tool from FinanceBuzz can tell you if you're overpaying for your car insurance in just a few clicks. We match drivers with companies that report saving drivers up to $500 or more per year when they save! Each driver’s savings will vary by driving history and how many discounts you’re eligible for. And once you try it out, you'll never have to look for affordable insurance again because we find you the lowest rates that other companies can't match.
Oh, and it's also free. And come on — you can't tell us you don't want to save up to $500. To find out if you're losing up to $500 or more a year, just enter your zip code here, answer a few questions and see if you're overpaying. It takes less than 2 minutes.
Increase your credit scores instantly, for free
Your credit scores affect whether you can get approved for a loan, a credit card, or even a new job. Usually it can take weeks or months to improve your credit scores, but there's an innovative new feature that could help you raise your FICO® Scores 1 instantly.
Experian Boost® can help you get credit for making on-time payments for your phone and utility bills. The process takes just minutes and if qualifying payments are identified, you can include this positive information in your Experian credit file. (Don't worry: If you have any negative marks, those won't count against you.)
Since launching, Experian Boost has collectively increased FICO® Scores across America by over 10 million points. It's 100% free and new potential credit scores take effect immediately.
Start building credit without a credit check
To build credit, some experts recommend you open a credit card account and pay it off every month. But it’s hard to get good credit cards if you’ve accidentally overspent in the past.
If you want to build credit the straightforward and affordable way, check out Kikoff.
Kikoff helps you build credit by establishing a payment history and maintaining a low utilization rate, with no fees or interest. Purchase the credit builder service for just $5/month 6 and you’ll get a credit line reported as $750 7 to Equifax and Experian every month.
On average, Kikoff users starting with credit scores of 600 and below see a boost of 58 points. 8 Just enter your email here and you could get instantly approved. No credit pull required!
Your credit report could be wrong
You could try to fix it yourself, but the process can be time-consuming… and it’s not always easy to know where to start.
If you decide to sign up for their service, Credit Saint will dive deep into your credit history, fighting damages you disagree with. They’ll press the creditors who put them there to remove those damages. And they’ll even help you create a plan to build positive credit, hopefully unlocking more financial opportunity for you in as little as 45 days.