Easily Fixing Your FICO Score
Everyone knows that if you have a bad FICO score, you're not going to be able to get a loan for your next home, auto, or even a personal loan. Since most of us can't just throw down a few hundred thousand for a house, it's important that we get a mortgage. Now having a bad FICO score doesn't mean you can't get a mortgage ever again. There are just some steps you need to take in order to improve your FICO score so that you can get that loan once again.
Get a credit report - If you haven't received a credit report yet, you should go out and get a copy of your credit report to look it over. Make sure that you get a free report that the government allows you to get every year. When you get a hold your credit report, look it over and see if anything looks wrong or shady. If something looks fishy, you'll want to fix it as soon as you can. There are many steps you can take; the first step I suggest you take is by calling the credit bureaus and seeing what you can do from there.
Pay your bills - No matter what you do with your bills, make sure you always attempt to pay off the minimum at least. If you don't pay your bills, you're going to get hit with late payment fees and this will affect your credit score a lot. Make sure that you pay at least the minimum. If you can't afford to pay the minimum, I suggest you go out and find another ways to get money. There are many part time jobs out there that you can pay you a few extra hundred dollars a week like pizza delivery or working a retail store.
Get rid of your balances - When you're trying to get out of debt, make your number one focus to pay off your credit card balance. Try and put as much money toward your debt as possible. This means you'll want to cut back on the leisure expenses and focus on debt. So, instead of eating out for thirty dollars, make a five dollar meal at home and put that twenty five toward the debt.
Close a few accounts - If you have a few accounts laying around that you don't use anymore, call up the credit card company and close them. Make sure that you know what you're doing thought because some of your old accounts may be helping you. Credit companies love to see older established accounts. If your report shows nothing but new accounts, the companies will be a little suspicious of this. Make sure that you close a few accounts that aren't as old as your oldest one.
If you can focus on paying off your debt and making a lot of money, fixing your debt shouldn't be that hard at all. As long as you're focused and determined to pay it off, you should have a problem at all.
Related Tags: bad credit, fico score, fix credit score, fixing fico score
Find the secured cards and more of Tom's work at FINDsecuredcards. Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Secrets to Getting Low Down Payment Car Insurance
Upon purchase of a new car, there is almost always a requirement to buy an auto insurance policy as - The Wisdom Behind Auto Insurance Comparison Quotes
No one in his right mind would not go for a good deal. In fact, everyone is out on their feet and ru - The Benefits of Auto Insurance Comparisons Florida
Insurance can be expensive. This is something everyone knows about especially in the sunny state of - Auto Insurance Florida: The No-Fault Policy
There are different kinds of car insurance offered by a wide range of providers today. Different sta - Finding the Cheapest Auto Insurance Companies
Everyone is asking and searching for the cheapest auto insurance companies available today. Consider - How do You Compare Private Health Insurance Cover in Australia?
Deciding what is the best and most affordable private health insurance cover can be easy if you take - How Payment Protection Insurance Was Mis-Sold
For over six years the issue of Payment Protection Insurance (PPI) and how it was mis-sold to custom - Finding Quotes For Auto Insurance Online
One of the many concerns when you are shopping for auto insurance is being able to get access to quo - How You Can Find the Best Auto Insurance Online
When it comes to renewing your car insurance you are going to quickly discover that there are a numb - Guidelines For Searching For Auto Insurance Online
The internet can be a great source of discounts and values related to auto insurance. However, many
Most viewed articles in this category:
- Trading Forex With Pivot Points
Forex Pivot Point Trading are used today by Forex Traders and are calculated on the previous days mo - Where To Search For Free Grants
Where do you look for free grants? The search must be thorough or it could be an exercise in futilit - The Connection Between High Blood Pressure and Salt
We are a society of Salt Addicts. It cannot be denied. When you look at the things we do and the pla - Tips For Avoiding HYIP Scams
Before knowing about HYIP Scams, refer to the functioning of HYIP or "High Yield Investment Programs - Getting Credit After Bankruptcy
Consumers do not have to live sans credit following a bankruptcy. By following certain steps consume - Tips For Choosing A Credit Card
Are you looking for that perfect credit card? If so, you may be confused about what exactly to look - Cheap Car Insurance For Teens Online
Many elements determine a car insurance policy. Car insurance companies look at the person's age, hi - What Exactly Is Free Grant Money?
You can apply for free grant money from various government agencies. But where exactly does this mon - Small Business Owners Marketing and Customer Service
Marketing can be time-consuming, but it doesn't have to be hugely expensive now, thanks to the Inter - Apply Online For A Credit Card - How To Choose A Card?
The best type of credit card for you will be dependant on how you intend to use the credit card. Are