If you have a low credit score and are facing a lot of credit-related problems, then you might want to consider Blue Water Credit Repair Service. Having a bad credit score can lead to a lot of disadvantages in your life. Not only you will find it hard to apply for a credit card and loans, but it could ultimately lead to being homeless. More and more companies have been taking a look at job applicants’ credit reports to see signs of financial difficulty that could indicate risks of fraud. In simple words, the lower the credit score you have, the less likely you will get a job.

Knowing the causes of having a low credit score is essential for you. If you are more knowledgeable about why your credit score is low, then there is a higher chance of avoiding a bad credit score. Let us point out what are the causes of a low credit score and how to fix it fast.

Not Paying On Time

Not paying on time is one of the reasons why your credit score is low. By weight, late payments contribute thirty-five percent to your credit score. The solution is very simple and obvious. Make sure to pay your bills on time to avoid lowering your score.

Not Paying At All

There is one worse thing than late payments. That is not paying at all. Defaulting on payments assures a low credit score. Even worse, not paying your bills for more than 180 days can lead to charge offs.

Charge Off Accounts

An unpaid bill for more than 180 days becomes a charge off. A charge off happens when a creditor has given up trying to get the payment from you. This does not mean that you are free from the obligation of paying it. A creditor will hire a debt collection company so they will be the ones to get the payment from you. These collectors are known to be very persistent and will submit a case to the court if necessary.

Judgments

The worst thing that can happen to your credit report is when there is a judgment item on it. This means that even the debt collection company is having a hard time trying to get the payment from you that they decide to involve the court. If you have judgments on your credit report, then a very poor credit score is assured. It is highly suggested that you hire a professional like Blue Water credit repair services to help you.

How To Fix Your Low Credit Score

The Blue Water Credit Repair team believes that the best way to fix your credit score is to take a look at your credit report and identify what causes you to have a low credit score. They will devise an action plan for strategies you can apply to fix your credit score. Blue Water Credit will then educate you on all the things you need to know and apply to keep a high credit score. Next, Blue Water Credit will work with you and review your every credit line and look for items that are eligible for a dispute, a successfully disputed error in your credit report is one of the fastest ways of improving your credit score.

Lastly, they will develop a plan to rehab your credit and by following this plan, you will keep a high credit score that gives you various financial advantages. Are you ready to fix your credit score with Blue Water Credit? To learn more, visit us now!