Hi, I have old debt from 2013 etc, I have pulled my credit report, kindly inform me the best way to improve my score, as I have no new debt at all. Only old debt that reflects on my credit report.
Thank you for the question.
You need to make sure that the debt is paid up to date and that there are no arrears amounts.
Once you have brought all the arrears up to date, you must pay those accounts monthly to build a good payment history.
Also, make sure that there are no judgments or any default listings. If there are, settle those accounts immediately, ask for a paid-up letter and inform the credit bureaus of the settled accounts. They should then adjust the information on your credit profile. Keep paying your accounts for about 6 months and you should start to see an improvement.