Most people do not monitor their credit with the credit bureaus. There are two reasons for this: first, it costs money. The credit bureaus allow you to purchase your credit reports directly from them so that you can see what items they contain. Second, most people do not monitor their credit report because they are afraid of what is contained in them.
Do It Anyway - A proactive approach needs to be embraced however in keeping your credit reports clean and helping you remain aware of the consequences of not doing so. You can obtain a free report for all three reporting bureaus by going to annualcreditreport.com. You should comb through these reports and see what is there and needs to be changed if the data is in error.
Straighten It Up- Once you have copies of your reports, work with the credit bureaus to fix any legitimate errors. This will help your credit score go up eventually. This is the one of the best ways to influence your score to increase.
Face It and Change- After you see your credit bureau reports and see what is on them, you will be able to use that as motivation to change your money management activities. Pay all of your bills on time, make more than the minimum payments on credit cards, find ways to increase your income and reduce expenses.
Paying this type of attention to your credit cards and the tasks that goes with them is hard work. It is easy to get into debt, but more difficult to get out. If you make yourself do these things, then you will be able to use credit cards responsibly again. But, for now, get to work.
No comments:
Post a Comment