If I have bad credit, will a personal secured loan healp to improve my score if I keep paying off my debt?
Paying off and paying on time my current derogatory items is not bringing my score up if anything my score has dropped 30 points within 3 months. Will a personal secured loan help to get my score up?
Public Comments
- Are you holding any kind of credit card debt? The higher your credit to limit rating the more your score will go down. Never spend more than 30% of your available credit on your cards. After that your score starts going down. /
- It will definitely help you as long as you pay your bills on time.
