Improving your credit is giving yourself a new lease on some of the very important aspects in your life. Everybody needs good credit in order to obtain housing, cars and other things. If you are one of the many who have credit issues that have to be dealt with, there are several things you can do to improve your credit.
Here are several tips on how to improve your credit.
1) Do your research and be aware of your rights. There are laws protecting you with regards to your credit. Make sure to be familiar with them so you could improve your credit score.
2) Check your credit score regularly to confirm that the information is correct. There are many mistakes on credit reports and many people suffer from them without even knowing, thus make sure to check them out.
3) Ask for copies of your credit report from the three major credit bureaus such as the Experian, Equifax and TransUnion at NO COST. You are entitled to receive one every year from www.annualcreditreport.com. Stagger your request every four months so you could stay updated on changes and monitor your attempt to improve your credit.
4) Pay down your revolving account (credit cards) to at least 30% of the limit. This represents 30% of your credit score.
5) If you need credit, ask someone you trust such as your immediate family who has a positive account to add you as an authorized user. Also, to establish your own account, consider a secured card if an unsecured is not an option. Make sure you do not overcharge or be late, which can negatively impact your score.
We hope this information is helpful to get you started on your path to good credit management! Contact us today for a free consultation at (877) 896-2831 or at info@nirvanacreditservices.com.
Stay blessed!
Chris Bridges, Credit Coach
