If you have bad credit and want to restore or build your credit, you must first
start by sending for copies of your credit-reports. The reports are free once
per year and can be obtained by Experian, Equifax, andTransUnion. After you have
reviewed your reports insure no activities are listed against you that is not
your own. If you notice, any actions on your report immediately write the three
bureaus and ask for an investigation. As soon as you have disputed your report, the
next step is knocking down each account til your credit is clear. If you are
struggling with money, you might want to knock out the secured debts first and
then work through the un secured debts.
It may take some time but you will see
results after your debts are paid in full. A great clever move for those of us in
debt is to save money every month and apply it to our dues. If you are spending
money, for entertainment give it up for now and become debt free. Many things in
life are freely given and often fun and exciting. Remember when you make
sacrifices something gainful always returns. Another helpful clever move is
pulling out all your resources. If you have capabilities, you might want to open a
small business and use those capabilities to the fullest.
You will make money and
build your credit. Killing innumerable birds with one stone is the saying that works
best when you learn what it means. It is also wise to cut back on expenses when
you owe are your credit is bad. If you are spending money you don't have, it is
only sending you backwards. There are innumerable strategies for getting back on your
feet again. One great clever move is to avoid missing car payments.
Good Credit Scores
Lastly, if you have a good credit score you want to strategize to maintain this
score or else elevate the score. If your credit is good, you want to continue
the budget that is obviously working and work toward increasing your income to
insure you meet all payments every month.
The last thing you need to do is
apply for additional lines of credit if you already have credit established.
Payoff what you owe now and purchase what you want later. One of the biggest mistakes
innumerable of us make is taking for granted our situation. If we have a lot of money
and a great line of credit, we often go on spending binges. This is ridiculous
and a move that buries us in quicksand.