Fast Credit Repair Tips Given In A New Loan Love Guide

Share Article provides some helpful tips for borrowers in a newly released credit repair guide. is a borrower advice website that provides detailed insights into the mortgage industry in a fun and entertaining way. The team at is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry professionals and has the mission of helping consumers and borrowers to obtain the latest information on mortgage lending trends, the real estate market and the U.S. financial landscape in order to help them obtain a home loan that they will love. A new article on continues to help readers to get the best loan rates possible with some great tips for fast credit repair.

The article starts by saying: "Contrary to popular belief, credit repair does NOT have to take months or even years to produce results. With a little know-how, fast credit repair is definitely possible. As a financially-savvy consumer (hey, you’re on this site, right?), doubtless you know how important it is to have good, healthy credit: Poor credit means you can pay tens or hundreds of thousands of dollars in extra interest over the life of a home loan and you can also pay more for car loans, credit cards and insurance. Bad credit can even have an impact on your ability to get a job."

It goes on to say: "You probably also know that keeping your credit as healthy as can be is a lifetime commitment. And it follows, then, that credit repair can take a long, long time, right? Not always. Your credit score is influenced by a lot of factors, and while one of the main factors – the length of time you’ve had credit accounts – can only be improved with time, there are other factors that can respond pretty quickly to good behavior and improved spending habits. Here are a few areas to focus on for quick results-"

The article then goes on to explain a few of the things that borrowers can do that will quickly yield results when trying to repair credit. The first of these tips is to try to keep credit account balances as low as possible, ideally no more than 20% of the credit limit for each account. The article says that this means that if the account's limit is, for instance, $1,000, the borrower will want to owe no more than $200 on that account.

The overall account age is something that is also taken into account when lenders judge the borrower's credit-worthiness. Because of this, Loan Love advises borrowers to avoid canceling older lines as these add to the account age, and also to put off opening any new lines of credit for the time being, as this will lower the overall age of the account.

The last tip the article gives is to start paying on time as soon as possible. While it is true that the longer the person pays on time, the better their credit will look, even a few months of on time payments can help to improve a credit score for an upcoming loan. The Loan Love article says: "So while it’s true that time can provide the greatest healing to a less-than-perfect credit history, it’s also true that steps you take today – right now (hint, hint) – can also have a pretty significant effect on your credit. Most importantly, by showing responsible behavior with your existing credit lines, you demonstrate to potential lenders that you’re a good risk."

For more tips and information on fast credit repair, please visit

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Kevin Blue
Loan Love
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