Credit Repair Explained - Useful Advice: Take Control Over Your Personal Economy

Table of Contents:

Credit Repair Credit Cards

A Jumbo Mortgage For A Higher Priced Home

Bad Credit Debt Consolidation Insider Secrets

How To Crush Your Debt

Bridge Loans Can Fill The Gap

Credit Repair - Lead To A Brighter Future

Secrets Of Debt Relief Consolidation

Will A Refinance Mortgage Loan Make Sense For You?



A handful years back my credit rating took a huge hit after my divorce. I had to get rid of my luxury sedan and get a smaller, used car. I was astonished to find that the insurance premiums on my used, less expensive car were double what they were on my new luxury sedan. When I jumped my insurance agent about it I was told it was because my credit was bad! It had nothing to do with my driving record (which was perfect) nothing to do with tickets (which I did not have) it was all about my credit. I couldn't believe it, but I was determined than and there that I would do what ever it took to use credit repair credit cards and get my score back where it should be.

Today your credit score could be used for far more than just getting a credit card or a loan. It could be utilized by a potential landlord to help them decide if they want to rent to you. It can even be utilized by a potential employer.

With the economy in such a bad state these days more and more people are getting gouged by insurance companies with higher fees and much higher interest rates if they do get a loan, all because their credit score has taken a hit. In numerous cases it is not even your fault.

You lost your job, had unexpected medical bills, got divorced, etc. The problem is that the banks and credit unions do not care why, they just look at that all mighty number: your credit score.

Whilst I'm sure many of us would agree that it is not fair that we have to pay more on car insurance when our driving record is clear only because we have some dings on our credit, whether we like it or not that is the way it is done. So, short of a credit revolution, we have to repair the damage that has been done to our score.

Here are a handful things that you can do that will start you on the path to rebuilding your credit and that all essential score:

1. Find out your credit score. Get a credit report from all three bureaus and check them over carefully for errors. Errors are more typical than you'd think and you shouldn't pay through the nose for something you did not even do! If you find a problem contact the credit bureau immediately, in writing.

2. Pay your bills on time. This one single thing can go a long way. This step, whilst seemingly easy, might actually be the hardest thing to do. If you basically do not have enough money to pay all your bills on time try to cut back on a number of your expenses. I do not know about you, but when I got serious I realized that the things I 'couldn't cut back on' were actually pretty easy to live without. You might be surprised at a number of the things you consider 'vital' to your life.

3. If you can not cut back on expenses anymore try to increase your income. Again, this might be easier said than done. But something as basic as a garage sale or selling some old stuff on Ebay might be all you need. Just try to get some extra cash that you can apply to your debt. The more debt you can pay off the more money you'll free up to put towards other debt.

When you are looking for credit repair credit cards should be first on your list.. It will take time and determination but the sooner you start the sooner you'll have a great credit score.