Saturday, June 2nd, 2012 at 10:52 pm ?
Carefully read the small print on your statements. Double-check every charge, to make sure that everything is accurate and you were only charged once for your purchases. You are the only person that is responsible for making sure the statements are error free.
Paying your credit cards on time keeps you in good standing on your credit report. Late payments are added to credit reports and they can damage your chances of getting loans or a home in the future.
Do not carry high balances on any of your credit accounts. You can up your credit score by just keeping your balances lower. Increments of twenty of available credit are noted by fico.
In order to rebuild your credit, take baby steps to start improving your score. Prepaid credit cards are one way in which you can repair your credit. These cards are used like a normal credit card and are reported to the credit bureaus; however, you can only use the amount of money you deposit into your account. A potential lender will see this as a responsible move on your part, showing that you are credit worthy.
On the way to a better credit score, some people might pressure you towards unaffordable payment plans or lump sums settlements. Understand what your budget is, and don?t go over this. You will only further damage your credit rating by making promises you can?t keep. The relief from the collection calls will be short-lived at best.
Give your credit card company a call and ask them to lower the limit on your credit card. This helps you from overspending and shows that you want to borrow responsibly and it will help you get credit easier in the future.
Check your credit report carefully before accepting discrepancies as valid. No one is perfect, not even your bill collectors. Mistakes can be made and it is your responsibility to make sure they don?t negatively affect you. If you notice mistakes, you should submit a credit dispute to the institution that gave you a bad mark on your report.
It can be stressful to try and figure out how to improve your credit, but if you keep at it, you can make things better and see the results you want. Apply the knowledge from this article in order to assist you in repairing your credit score.
This article posted by Tom Morgan
Tagged with: card ? credit ? credit card ? score
Filed under: Credit Repair Tips
Like this post? Subscribe to my RSS feed and get loads more!
kenny rogers avatar the last airbender david wright cory booker cj wilson cubs ellsbury
No comments:
Post a Comment