Archive for January, 2010
Bettering credit scores through recession
January 15th, 2010
There is still light at the end of the credit tunnel, even if you have had a bad credit score in the past. You will need a lot of will power and financial control, but it still can be done if you stick to your plans. Making a plan and sticking to it is the only way out of your financial mess. As the Luke Skywalkers of the credit card world might say, “May the ‘card’ be with you, always”!
The first thing on your agenda should be to get your credit report from the 3 bureaus. These reports might not tally completely, but on an average if all proclaim you as a ‘negative’, then you will have to grit your teeth and climb back on your credit horse. You have to take some strict action to get your positive rating back. It’s very important to repair your stance now whilst rates are at an all time low because of recession.
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