One of the best credit repair tactics is to open new accounts and be absolutely stellar about making your monthly payments. Use accounts that are different from the other types of accounts you already have open. For example, if you are using a couple different retail credit cards from department stores, open a “pay through installment” account to broaden your credit profile. Be careful not to overdo it with getting more credit than you’re eligible for – this will make you look over extended. Don’t use this tactic right before you apply for a loan. Never use more than 40% of your available credit.
Filed under Credit Repair Tips by on Jun 1st, 2011. Comment. 
A credit fix could very well involve something as simple as correcting the spelling of your name. Keep in mind there are millions of people being reported on so it’s not all that far-fetched to imagine a misspelled name or an absent prefix or suffix could mess up your report. You may end up getting another person’s bad data entered on your report. Variations in your name such as Mike or Michael won’t make a difference, provided everything else is correct. Check the details of your Social Security Number, your date of birth and your address. It all needs to lead back to you, and if it does not, get it changed as soon as possible.
Filed under Credit Repair Tips by on May 30th, 2011. Comment.
You did not reach the point of considering bankruptcy without making some decisions along the way that led you to it. It may have been some careless spending that brought you here, or it may be due to circumstances related to the economy that got you into trouble. For whatever the reason, be sure that filing for bankruptcy will resolve your financial crisis. Currently, it will make all those nasty letters and phone calls from creditors cease, but be honest about you got here in the first place. Credit repair after bankruptcy is possible – just make sure make an effort to be responsible with your finances.
Filed under Credit Repair Tips by on May 30th, 2011. Comment.
