Decs - We Kill Debt

The amount of time and effort you’ll spend on your credit repair efforts can vary based on the severity of your situation, but whether you’re new to credit repair or want to improve upon what you’ve already done, it’s important to avoid common mistakes to get the best results possible. If you want your credit rating back in good standing, here are some of the most common  credit repair  mistakes to avoid. 1:Not being persistent When you first begin your credit repair, it can seem like a long process. It’s easy to get frustrated and give up. Keep in mind that when your goal is to have a clean financial slate, it will take time. The good news is that once your debts are paid off, they stay gone. If you give up now, they will always be there waiting for you when you decide to try again tomorrow! Not having a plan: Writing down all of your debt information on paper helps make things more manageable. Keeping track of which creditors you have already contacted is also crucial becaus...

Before you take out a loan to buy a house or finance a new car, it’s important to make sure your credit score is up to snuff. Lenders use your credit score as an indicator of how risky you are for lending purposes.  Improving your credit score  will not only boost your appeal as a borrower, but it can also help save you money on interest rates and fees. Here are ten signs that will tell you if now is a good time to invest in raising your credit score You have multiple sources of income:  Two types of lenders — mortgage lenders and utility companies — typically require borrowers to show proof they have sufficient income to afford big purchases like houses and cars. Banks tend to care less about things like employment history; however, one large deposit might be enough for them to overlook any other red flags about your financial situation. Times are tough:  The economic downturn has made life tough for many Americans—especially those with poor credit scores—and bo...