Any journey can seem overwhelming when you think about it all at once. At Sherpa Credit, we make the journey to improved credit manageable by breaking it down into clear steps.
One of the best ways to improve your credit score is simply to pay your bills on time. Nothing shows lenders that you take debts seriously as much as a history of paying promptly. Every lender wants to be paid in full and on time.
If you pay all your bills on time, then the odds are good that you will make the payments on a new debt on time too. Experts estimate that up to 35% of your credit score is based on your paying of bills on time, so this simple step is one of the easiest ways to boost your credit score.
Paying your bills on time also ensures that you don’t get hit with late fees and other financial penalties that make paying your bills off more difficult. Paying your bills in a timely way makes it easier to keep making payments on time.
Consistency is key to improving your credit. It will take several months of repaying your bills on time to improve your credit score, but the effort will be well worth it when your credit score rebounds!
Contact Sherpa Credit and let us be your guides to the journey of credit repair.