Who Can Fix My Credit?
Real Credit Repair Results, W/no Monlthly ongoing fees
Our credit scores impact our lives in more ways than we know. It may seem like a huge deal to have bad credit but it doesn’t have to be the end of the world. We specialize in helping those with poor credit repair and restore their scores so that they can get the things in life that they deserve.
Having bad credit also leaves most of us wondering how to improve the situation. It can feel as if it may be something that we can’t do ourselves or that we have to find a service that will do it for us and get us back on good financial footing.
Who Will Fix Your Credit?
There are services out there that can help you to restore your credit. Keep in mind, though, that there are fraudulent services too. They promise a quick fix that isn’t possible to implement and ask you to pay for it. It’s important to understand the laws behind credit repair and unfortunately many credit repair operations do not.
Even better, the great thing about these programs is that they are using fundamental methods for improving your credit score. And the one who can take charge of your credit and help bring it back to a place where you can be proud of it is simply you.
There is no one better suited to repair your credit score than you. Getting into a poor credit situation is not something that happens overnight and it isn’t something that you get out of overnight either. It takes patience, planning, and financial responsibility to make happen.
You Can Fix Your Credit
The good news is that you are not the first person to be in this situation and you definitely don’t have to figure things out yourself. There are helpful tips for getting back on the right track financially and getting your credit into a situation where it will work for you instead of against you.
There are guidelines to follow when looking to improve your credit. And keep this in mind: you will be making a change to the way that you spend and save money, not implementing a quick fix that will magically bring your credit score up to great levels.
Make a Budget
The first step is to take a look at your income and your expenses and come up with a budget. When determining your income, it is always good to be modest. If possible, look at your tax returns or pay stubs to see what your average income is over the last few years.
When you have established your income, next comes your expenses. The opposite mentality is true of expenses: you want to aim higher than you would traditionally. This sets a “worst-case scenario” that you would have to meet. If you can meet that, then you can reasonably expect to pay your bills off and it will be a pleasant treat if they come in lower than your budgeted amount.
Budgeting is meant to give you a 100% knowledge of what is coming in and what is going out. Don’t leave out any expense and do give yourself a “budget” for unexpected expenses. When you leave no stone unturned, there will be no unpleasant surprises in your budget.
Know Your Scores
The next step in improving your credit score is to know what your scores are. How can you hope to make any kind of change if you don’t know what needs improving? Your credit report will not only show you your current score but it should tell you any negative marks on your account, your on-time payment history, credit utilization, and all of the things that you need.
By knowing your scores and what areas are giving you trouble, it allows you to put a focus on those areas. If your credit utilization is high, for example, you can focus on bringing that down to a level that will better your score.
The goal here is to arm yourself with the knowledge that will help you improve your score. Ignorance is not, as they say, bliss and will keep you stuck in a hole of bad credit.
Focus on Your Debt
One of the major focuses of a budget should be on ways that you can trim down your debt. You should be in a situation where your monthly income exceeds your monthly bills. If that isn’t the case, you should seriously reconsider where your money is going and where you can make cuts.
If you do have a little more money coming in after all of your bills are paid, that is great. The good news here is that you can use this money to pay your debts down more quickly. It might not be the sexiest use of that money but it will get your credit card balances down and debts paid off.
Doing this is one of the best ways to improve your credit. In addition to making on-time payments (and this is a huge part of establishing good credit), your credit utilization is one of the most important aspects too.
By using that extra money to get your debts down, you will lower your overall credit usage and that will reflect better in the eyes of the credit bureaus. If you can pay off your balances each month, that is ideal. If not, try to keep it under 30% total utilization.
The key is patience. It will take time to reestablish your credit and get back in good graces. This can make it easy to lose sight of the end goal. But keep your eye on the prize, stay focused, and keep your budget intact.
When you make the strides to improve your credit, you are also taking strides to strengthen your financial responsibility. Yes, you are paying down credit cards and loans but you are also establishing spending habits and a firm budget.
Those are two of the most important steps to improving your credit and keeping it that way in the long run. Just keep your eyes on the end of the line and you will be able to improve your credit score before you know it.
Ready to take your Credit to the
Ready to take your Credit to the