Thank you CreditRepair.com for sponsoring this post. CreditRepair.com’s team understands that a credit score is not just a number; it’s a lifestyle.
The road to financial literacy is no longer lonely thanks to my friends over at Creditrepair.com. Younger Bee literally thought that credit cards were free money after receiving my first credit card application at 18 years old in the mail. Imagine being a freshman in college with some cold hard plastic to spend. After years of sitting in credit card debt afraid to even look at my credit report I am ready to share my road to financial literacy.
The first thing we should understand is our credit score. What is a credit score? I found out what makes up a credit score. The three main credit bureaus – Equifax, Experian, and TransUnion – create your credit reports, which credit scoring models like Vantage Score and FICO® use to come up with a score that typically ranges from 300-850. The credit bureaus can also calculate scores for you based on their own proprietary models. Your scores are typically based on things like how often you make payments on time and how many accounts you have in good standing. Your score will never factor in personal information like your race, gender, religion, marital status or national origin.
The second thing we must understand is that our past mistakes can haunt your future if you are ready to face the issues head on. It is important to know our credit score is not written in stone and can change if you are ready to put in the work. Please know you are more than a credit score. But your credit will not fix itself. Get help from CreditRepair.com today with a free consultation and kickstart your credit repair efforts. CreditRepair.com are trusted leaders in credit repair with over 500,000 clients served.
The third thing we must do is take action. Among other things I decided to have a free consultation with CreditRepair.com. CreditRepair.com is a leading provider of credit report repair services in the United States. During the consultation we discussed my FICO® score. We also discussed my short term and long term credit goals. I was surprised by how knowledgeable my consultant was and happy I called. What is also great about CreditRepair.com is that their technology provides members with a personal online dashboard, a credit score tracker and analysis, creditor and bureau interactions, text and email alerts, mobile apps and credit monitoring.
I have been prompted to ask myself the following question: what is bad credit costing you? Know your credit even if you are afraid or in denial. Another thing you can do is repair your reports, while continuing to live your life. Better credit could save you thousands of dollars in high interest rates in the long run. Past clients have seen an average score increase of 40 points in just four months (*Not all clients saw such a result as all legal cases are different. You should not expect to see the same result and it is not guaranteed.)
Lastly, instead of looking at credit cards as if they were free money, I have been using them to increase my score. I have taken steps to pay my credit card bills early. Limiting my hard inquiries for new credit. Paying with my debit card and budgeting my monthly expenses.