Improve Your Credit Score...Without all the Mystery
Can you get by in America these days without credit? Do you know anyone who's paid cash for their home, cars, boats, RV's, furniture and, electronics? No one comes to my mind.
Perhaps rich people can live without credit, paying cash for everything. Unfortunately I don't know any of them. Do you? I'd be asking for a loan, that's for sure.
Let's face it, we're just honest, hard-working people trying to get ahead in this world and that ain't always easy.
Here's another truth we have to face too. You need good credit these days or life gets tough, in a hurry. It's no fun being declined for credit and when you do get approved, having to pay far out rates. 18% car loans, 15% mortgages...that's just ridiculous!
Improving your credit score, up to this point, has been some kind of mystery. Credit repair attorneys and credit repair services were, supposedly, your only options.
Not any more!
You can improve your credit score with knowledge, some time and effort and very little money. The credit laws in these United States are designed to help you. The biggest help is that credit bureaus must respond to disputes in a set amount of time or they have to remove disputed items from your credit report.
Start by getting a copy of your credit report and turning it inside out. Find every inaccuracy; almost every credit report has them. Write letters to the credit bureaus, disputing those inaccurate items. If they can't prove it's correct or don't respond in time, the items must be removed.
After you've written some letters, it's time to look at your financial situation and start making changes. Look at your income, your budget, your debts, everything. Are you behind on your loan payments? Where can you cut expenses? Are there debts that you can negotiate, like credit cards?
You can improve your credit score on your own. Some effort and a little bit of money can create big changes in your life. Your future financial freedom awaits!
Stephen Burns is committed to helping your improve your credit score. Visit him at The Credit Repair Guy's Site.
Rating: Not yet rated
Comments
No comments posted yet.
Add Comment
You do not have permission to comment. If you log in, you may be able to comment.
