Credit building programs can work, however, there’s no guarantee. There are several reasons why:
One. Everyone’s credit reacts differently. While some may see significant changes from using a credit building program, others may not.
Two. If you’re still missing payments or maxing out your credit cards, the potential negative effects of these actions can counteract any positive results from the credit building program.
Three. Depending on the credit scoring model used, your credit scores can vary significantly from one credit scoring provider to another.