Fixing Your Credit
Increasing Your Line of Credit
Incorporating my passion for education, I often refer to the “credit score” as an adult “report card”. With the credit scale ranging from 330 to 830, how does your current report card read: A, B, C or detention?
Regardless of your current score, there’s always hope: extra credit, tutors, and, most importantly, the necessary self-motivation to start taking steps to improve ASAP. Start by establishing a goal (preferably 660 or better), then proceed with the necessary strategies and budgeting to achieve your goal.
Do your research before making any significant decisions. Below you’ll find some tips and starting points, which will help you improve your future finances. I am a proven graduate of some of these strategies and tips. Make the necessary changes now to achieve your financial success later!
Quick tips and steps to take now:
- Based on your experience, read each article and visit each provided link.
- Download a budget or credit score app, like Mint or Everydollar, to keep track of your finances.
- Utilize your free yearly credit report.
- Send letters to all three credit agencies (see link below) to systematically dispute everything, regardless of whether it’s true or not. See links below for further details and sample letters.
- Start out with small debt; it will make more considerable debt feel more surmountable.
- Think about ways you can earn extra income by utilizing things already within your reach.
- Lenders don’t consider all student loan debt bad debt – there’s no reason to feel discouraged for getting an education!
- Unless the service is free, don’t sign up with “We Can Fix your Credit” companies. You can do the legwork yourself for free by doing your own research.
- Be patient and understand it’s a process; plan ahead accordingly.
- Your minimum credit score goal should be 660 before you consider home lending options.
Web Articles Links
3 Simple Steps to Significantly Raise Your Credit Score
7 Simple Ways to Improve Credit