@Kitten2021 wrote:
Does making a plan to make monthly bill payments improve my credit score? And what are other ways to improve it?
The credit bureau only know what is reported to it by the lender. "Pays as agreed" is a favorable report. If you have an agreement with the lender and they report you as "pays as agreed" that should be helpful or at least won't hurt you. However, if the lender reports you are behind in your payments, that will be harmful. If you were behind in your payments in the past and now pay on time, the old bad marks stay on your report for 7 years even though "pays on time" is also being reported for your current payments. As the bad marks get farther into the past, your score should gradually improve.
There is no magic trick to jump your score, no matter what hucksters and "Credit repair" companies say. True information (good or bad) will stay on your report 7 years. You can check your full credit reports at www.annualcreditreport.com and if anything is false or inaccurate, you can appeal to have it removed.
