How To Improve Credit Score Ratings Fast – Provides a Helpful Guide

Share Article provides credit repair tips in a new 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. In order to help their readers enjoy the best possible interest rates for their loans, the website recently posted a new guide that helps to teach borrowers how to improve credit score ratings fast.

The article says: “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.” Loan Love continues, “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.”

As the article points out, most savvy borrowers know that keeping a credit score as healthy as can be is a lifetime commitment. For most people, then, it would naturally follow that credit repair can take a very long time. However, this is not always the case. Credit scores are influence by a lot of factors, and while one of the main factors – the length of time a borrower has had their credit accounts – can only be improved with time, there are many other factors that can respond quickly to good behavior and improved spending habits. The Loan Love guide points to a few of the areas that borrowers should focus on for quick results:

  • “Account balances: Ideally, you want the balances on each of your accounts to be no more than 20% of the credit limit for that account. So, that means that for an account with a $1,000 limit, you’d want to owe no more than $200.
  • Don’t cancel old credit lines: Turns out that wine and cheese aren’t the only things that improve with age: Your credit does, too. Each credit line you have contributes to the age of your accounts, and the older your account age, the better you’ll look to creditors, so avoid cancelling existing lines – especially the older ones.
  • Avoid taking out new credit: Similarly, new credit lines decrease your overall account age and they can also make you look desperate for money. If you’re trying to improve your score for an upcoming loan, avoid taking out new credit for now.
  • Payment history: True, the longer you pay on time, the better it looks. But even a few months of on-time payments can improve your credit score big time.”

These things can help those who are looking to take out a loan in the near future to get the best possible rates available to them so that they can save thousands and even hundreds of thousands of dollars and truly find a loan that they will love.

For more information on the topic, please visit for the full credit repair guide.

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Kevin Blue
Loan Love
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