Improving Credit Score

It can happen to anyone, and I mean anyone!.. You finally pay the last payment on that annoying credit card or bill, you are so proud of yourself!, you cut up the card, wash your hands of it and you think you are done. Then maybe you change addresses a couple of times, and you don’t get that final notice from them about a couple of dollars in interest charges they feel you still owe them.

They don’t bother trying to track you down for a few dollars, so they wait for you to find them, by parking this unpaid bill on your credit report. Only you don’t know about this, and a few months or years down the road, you go to buy a new car or get a mortgage on that new house, only to find you are not getting the best interest rates as promised.

They tell you in a whisper, that your credit score is a bit low.. and therefore you can’t have the best interest rates. Now what?…. You get a copy of your credit report, and you see this unpaid bill, even maybe one that is not even yours… (it can happen, human error etc) and now you try to dispute or at least pay this unpaid bill. You can’t seem to find any of your last statements from then, and they are not being the most co-operative, only talking to you during working hours, and you are very busy with your job and family, and this problem just keeps on going!

I know this sounds like a broken record, but you have to get on top of this, pay the outstanding bill if you do owe it, and dispute the ones you don’t or you will for ever have this report following you when you make big purchases that require a loan. Better yet, if you just can’t deal with it, get someone who can.. There are companies out there now, that will help you get back on track, they will work for you, while you continue on with daily living, and will get you back on track, so that you get those best interest rates, in the end this could save you thousands of dollars, and will be worth their fee in the end.

Get a copy of your credit report periodically and make sure it is OK.. Simple errors can be fixed, just don’t wait until you need a loan! My bank accidentally put 5 mortgages on my credit report, that were not even mine!! I showed them, they were embarrassed and removed them.. but sometimes you need help, so get it now, don’t end up paying for someone else’s mistake, with higher interest rates or even a loan refusal. credit repair

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