The first part of the equation to improve your credit is
to start making monthly payments on time. Regardless of your
due date you need to make sure the payment is there beforehand.
This will increase your credit score immediately with effects
seen each month as payments are made on time. This is something
you can do today to help increase your credit score and continue
doing in order to really climb the credit score ladder.
Credit counseling is another great option to help you learn
how to manage credit and to un-learn your bad credit habits.
When you work with a credit counselor you will see how important
it is to have good credit. Find a not-for-profit credit counselor
to help you learn how to handle the responsibility of credit
and your new credit habits will help your score increase as
well.
Another suggestion that will help you increase your credit
score is to start paying off debt. The less debt to credit
ratio you have the higher your credit score will be. So, start
paying off those credit cards and stop using them to live
above your means. Make a budget with your income and stick
to it. That way, you will pay off your debt and enjoy a higher
credit score.
Finally, if you have really bad credit and collection agents
calling your home on a daily basis then you need to take immediate
action. Call your creditors and let them know you realize
you are way behind on your payments, but you want to get ahead
and ask if they have any special payment plans or programs
to help you out. Most of them do and will be happy to help
you out. Communication is the key and if you avoid your creditors
you will have more problems than if you meet them head on
and deal with your credit problems.
When you follow the above outlined tips you will certainly
feel instant relief from the pressure of being in debt as
well as your bad credit score because your credit will immediately
begin to rise. Permanent repairs to your credit take time,
but all positive actions like making payments on time and
reducing your debt will result in immediate increases in your
credit score.
See: Improving
Your Credit is Easier Than You Thought
Also See: Improve
Your Credit in Four Easy Steps
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