What’s Your Credit Score?
A new car, a credit card, maybe even a new home-you may have dreams of getting all these things one day. Even if you make enough money to buy all the items on your dream list, there is one thing that can hold you back from achieving your goals: poor credit. Mistakes you made years ago can haunt you well into your future.
Bankruptcies, charge offs and other very serious offenses remain on your record the longest, but even unpaid bills of a small amount can mar your standing and cause you to lose out getting the items you deserve. Fortunately, no matter how poor your credit, you can begin today to rebuild your standing and enjoy the finer things that life has to offer.
First, you must find out where your score is on the credit score range. This is simply a range of scores within which your score can fall, and the higher your score, the easier it will be for you to secure credit. You can find your credit score by contacting any major credit bureau and getting your score from them. Second, you must pay all outstanding bills, and you must continue to pay all your bills on time in the future. Your best friend is time when you are rebuilding your credit. The longer the amount of time that has passed without any late payments, the better risk you present to the lenders. You must try to keep your record clean for as long as possible to get the best credit and interest rates!
If you are wondering, “How can I fix my credit,” these tips should put you on the right path. If you are having trouble paying your bills, contact your creditors and ask to work out repayment terms. They would rather get their money late than never. You can buy the things that you dream of in the future, if you begin to plan your future today.