How to Fix My Credit - What You Need To Know
For those people who have been turned down for a loan or a mortgage you might feel bad about the rejection, but the problem is not impossible to solve.
In fact, millions of people struggle with this problem every day.
Still clueless on how to begin with your credit repair or where to start? Most people try to fix their credit themselves rather than hiring a company to do it for them.
Needless to say, repairing your credit takes time and doesn't happen overnight.
The first step on fixing your credit is to know exactly what your credit score is.
The only way to do this, is to get a copy of your credit report from the major credit bureaus and review them for errors, by going over them with a fine tooth comb.
Fixing your credit takes time and effort since this is not a magical thing that can happen in an instant.
The next step would be to bring your accounts up to date by paying them one by one until you achieve an improvement on your credit status.
On a daily basis unscrupulous companies are victimizing ignorant consumers with poor credit histories in offering to clean up their credit report by asking for payment for the "service" that they will render.
The reality is that they cannot remove accurate negative information on your credit report so after you pay them hundreds or thousands of dollars you are left holding the bag with your low credit scores that still needs fixing.
To know the usual modus operandi that these companies offer if they ask you for advance payment for credit repair services and you can be sure that they are up to no good since they would likely run away with your money.
They will not tell you your rights and what you can personally do for free to help yourself with the process of fixing your credit.
What you can do is start paying your debts since reaching your credit limit can bring your scores down.
Pay the highest debt first.
Another method would be to make only a few new credit applications if this can't be avoided but do so under an ideal 2 weeks time frame since this will just be counted as one inquiry and will not be held against you as frequent inquiries so there will be no effect on your credit scores.
Wait patiently and make a wise move to pay your bills on time.
The combination of making on time payments with no delinquent accounts can make your credit score increase and get you back to a good credit standing.
In fact, millions of people struggle with this problem every day.
Still clueless on how to begin with your credit repair or where to start? Most people try to fix their credit themselves rather than hiring a company to do it for them.
Needless to say, repairing your credit takes time and doesn't happen overnight.
The first step on fixing your credit is to know exactly what your credit score is.
The only way to do this, is to get a copy of your credit report from the major credit bureaus and review them for errors, by going over them with a fine tooth comb.
Fixing your credit takes time and effort since this is not a magical thing that can happen in an instant.
The next step would be to bring your accounts up to date by paying them one by one until you achieve an improvement on your credit status.
On a daily basis unscrupulous companies are victimizing ignorant consumers with poor credit histories in offering to clean up their credit report by asking for payment for the "service" that they will render.
The reality is that they cannot remove accurate negative information on your credit report so after you pay them hundreds or thousands of dollars you are left holding the bag with your low credit scores that still needs fixing.
To know the usual modus operandi that these companies offer if they ask you for advance payment for credit repair services and you can be sure that they are up to no good since they would likely run away with your money.
They will not tell you your rights and what you can personally do for free to help yourself with the process of fixing your credit.
What you can do is start paying your debts since reaching your credit limit can bring your scores down.
Pay the highest debt first.
Another method would be to make only a few new credit applications if this can't be avoided but do so under an ideal 2 weeks time frame since this will just be counted as one inquiry and will not be held against you as frequent inquiries so there will be no effect on your credit scores.
Wait patiently and make a wise move to pay your bills on time.
The combination of making on time payments with no delinquent accounts can make your credit score increase and get you back to a good credit standing.
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