Nt1310 Unit 1 Study And Thinking Skills

3. Shop for the best available rates – one way of keeping your credit scores high while ensuring low credit card and loan payments, is taking time to review the best rates before you make any commitments. For example, if I am from college, I can request for a card with low interest rate charges.

4. Pay your bills ontime – This is the key to maintaining high credit scores. If you have many things going on such as auto, mortgage and insurance payments, you can create an efficient payment plan to ensure your payments are made in good time to avoid negative credit reporting. If you have problems with payments, you can automate your monthly payments from your bank or get help from debt consolidating agencies.

5. Check your report to ensure clarity – You can easily improve your financial position and credit scores by searching thoroughly at your credit payment history for accuracy. The first point is requesting for a copy of your credit history. This should be done every often to avoid cases of wrong-identity, which are common in people with the same name. Any inaccuracies should be reported instantly to avoid distortions that could hurt your credit scores.

6. Find out why your credit scores are low – experience tells us, if you have low credit scores, the first step to
This is why it is important to rebuild or repair your credit. The company you choose must be reputable to ensure you receive the services you’ve requested. You can use your phone or email to contact companies with a good credit repair reputation such as Lexington Law, Credit Repair Kings and Sky Blue. Most agencies may request that you first get your free credit report, choose best credit cards with manageable terms or refinance your debts. The other common suggestion is making small, but steady progress in paying off your debts to avoid collection and ultimately bad