Last week we spoke about how to improve your Credit Score. Once you are doing that, you will find you have to change a lot of your habits. While you are changing your habits, this is a great time to add some other positive habits regarding your credit:
1) Check Your Credit Report
Some banks and sites will allow you to check your credit as often as you would like, but everyone is entitled to free copy of their credit report from annualcreditreport.com that is a compilation of all three credit scores. Review it, and store it on hand as many people who ask to run credit may be able to avoid doing so if they can read the report. If you see anything that should not be there, talk to the credit agency.
2) Set Up Automatic Payments
If you are on top of paying your bills, make sure that there is either a system in place that never fails or set up automatic payments and make a note to check your bank account weekly or monthly and make sure the payments go through.
3) Don't Open Too Many New Accounts At Once
If you are young or have a short history you may think that you need to open all these new accounts to help establish creditability. Do not open too many at once. In the process of signing up for all these accounts, they look at your credit. Too many people inquiring about your credit has a negative effect on it.
4) It's Never Too Late To Repair Your Credit
No matter what you have gone through to get to the point where you are having to repair your credit, don't be afraid to do so. It will take time but it will be time well spent. You have everything to gain and nothing to lose.
Join me next week as we talk about some of the reasons why you want good credit, in case anyone reading this is still not convinced or scared to tackle the demon that can be your credit.
Orange, CA-TRREG DRE#01843673-RP100 DRE#02059058-P:714-831-1800-E:info@theresultsrealestategroup.com-W:www.theresultsrealestategroup.com-Facebook - Twitter - Instagram - LinkedIn
1) Check Your Credit Report
Some banks and sites will allow you to check your credit as often as you would like, but everyone is entitled to free copy of their credit report from annualcreditreport.com that is a compilation of all three credit scores. Review it, and store it on hand as many people who ask to run credit may be able to avoid doing so if they can read the report. If you see anything that should not be there, talk to the credit agency.
2) Set Up Automatic Payments
If you are on top of paying your bills, make sure that there is either a system in place that never fails or set up automatic payments and make a note to check your bank account weekly or monthly and make sure the payments go through.
3) Don't Open Too Many New Accounts At Once
If you are young or have a short history you may think that you need to open all these new accounts to help establish creditability. Do not open too many at once. In the process of signing up for all these accounts, they look at your credit. Too many people inquiring about your credit has a negative effect on it.
4) It's Never Too Late To Repair Your Credit
No matter what you have gone through to get to the point where you are having to repair your credit, don't be afraid to do so. It will take time but it will be time well spent. You have everything to gain and nothing to lose.
Join me next week as we talk about some of the reasons why you want good credit, in case anyone reading this is still not convinced or scared to tackle the demon that can be your credit.
Orange, CA-TRREG DRE#01843673-RP100 DRE#02059058-P:714-831-1800-E:info@theresultsrealestategroup.com-W:www.theresultsrealestategroup.com-Facebook - Twitter - Instagram - LinkedIn
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