December 14, 2007

Get your Credit Score Straight for 08 !

Your Credit Score for 07 may have been a little under the weather. Towards the end of the year, we all look at what we have accomplished, and what our new goals are for the New Year. Maybe increasing your Credit Score is one of your goals for 2008. In this article I will discuss and give advice on how you can accomplish just that. I still continually meet families that are not happy with there scores, or what is being reported on there Credit Report. The number one question I get asked is what can I do to improve my Credit. Here are three quick ways.1. Reduce Debt2. Increase your credit limits on Credit Cards3. Get any inaccuracies on your report removed.To reduce debt is easier said than done. But let’s assume you have 3 credit cards with high interest rates.Example:American ExpressBalance owed: $6,000Minimum Payment: 100.00Visa CardBalance Owed: $4,500Minimum Payment $75.00Master CardBalanced Owed: $2,300Minimum Payment: $45.00To pay off your debt fast, you make minimum payments on 2 cards and double payments on one card only. If you do this you will pay off your cards quicker. Start with the Smallest Balanced owed first and work your way up to […]

Full Article At: KnowHow-Now.com Articles

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