Lenders accommodate loans faster if borrowers keep their credit scores sparkly clean. Unfortunately, most borrowers rarely have good credit scores. If you are reading this article, chances are that you are one of them and need to fix your credit score fast for an investment. Have no fear. Here is how you can do just that –

Pay your Bills on time

Your credit won’t suffer if you pay your bills on time. Delinquencies such as unpaid bills can spoil a perfectly good credit score. Forgetting to pay your bills isn’t an option! Organize your budget. If you have bills that still need to be paid, save up by cutting down on other expenses such as your grocery bill to make up for the unpaid amount.

Pay down your Credit Card Bills

Speaking of bills, it won’t do to forget any credit card debt. You can jack up your credit score fast if you reduce the total debt on your credit report. However, you might not always have any cash handy in order to do that.

Desperate times call for desperate measures. Don’t hesitate to borrow some funds from a friend or family friend if it will help you cover your debt. While it may not help you resolve your debt completely, initiatives such as these might help you reduce it considerably before your bad credit history becomes too much for you to handle.

Do not Max out your Credit Cards

This might be hard to do if you are a binge shopper. Discipline your spending habits and it won’t be a problem. It doesn’t matter if you pay off your balance every month. It’s best that you stay on the safe side. Keep your credit balance below 30%. Apply the same rule to every credit card you own instead of maxing out any one of them completely.

More Loan Inquiries

Lenders will pull out your credit score for inspection the moment you go loan shopping. You can increase your chances of acquiring a loan if you submit multiple applications to more lenders within two weeks. This might reduce your credit score but the system will probably not frown upon a cluster of inquiries for certain expenses such as loans on a home or car.

Reminders for Payments

This is a good way to increase your credit score in a timely manner. Some lenders or banks provide access to online portals that are designed to notify account holders for this very purpose. You are sent a text or email that reminds you when your next payment is due. All you have to do is check your email or texts on a regular basis

Some lenders also facilitate automatic payments that are designed withdraw funds from your bank account to help you keep up with regular payments. If all else fails, you can also create another account but only as needed. In the end, its best that you discipline your spending habits, pay your bills on time every time and keep your credit cards from maxing out.