Credit Repair Tips:

Improving your credit score takes consistency and the right strategy. At MB Financial Consulting, we help you understand your credit report and take action to fix inaccuracies and build lasting credit health.

1. Review Your Credit Report Regularly

Check your credit report at least once a year from all three bureaus (Experian, Equifax, and TransUnion). Look for errors like late payments, collections, or accounts that don’t belong to you.

2. Dispute Inaccuracies

If you find incorrect items, submit formal disputes with supporting documents. Removing inaccurate negative items can significantly increase your score.

3. Pay On Time

Payment history makes up 35% of your credit score. Set reminders or automate your payments to avoid late fees.

4. Reduce Credit Utilization

Keep your credit usage below 30% of your total available credit. Paying down balances can quickly raise your score.

5. Avoid New Debt

Opening multiple new accounts in a short period can lower your score. Apply for new credit only when necessary.

6. Build Positive History

Use a secured card or become an authorized user on a trusted account to establish a positive payment record.