maintain a good credit report.
If you’re just starting out, there are several ways to establish a good credit history. You could apply for a credit card or obtain an
installment loan. It’s smart to start out using credit cards and installment loans for small items – this gives you time to gain
experience with working monthly payments into your budget.
Just as credit cards and loans can help build your credit history, so too can your everyday actions. Always be sure to pay your bills
on time, including rent, electric, gas, water, and cable tv bills.
If you are interested in learning more about your credit report, Equifax, Experian, and TransUnion are all major credit reporting
agencies. You may contact one of these companies to obtain a copy of your credit report. You may also utilize sources such as
www.freecreditreport.com.
Unfortunately, there are times when we may find ourselves with an unfavorable credit rating. If you’ve found yourself in this position,
there are steps you can take to improve your credit report: begin paying your bills on time, avoid taking on any new debt, and work
with your current creditors to repay your debts. If you are very late on your payments, consider calling a credit counseling agency
instead of claiming bankruptcy. Credit counseling can assist you in reducing your debt without as much damage to your credit
report. By addressing your problems early, many creditors will be willing to work with you provided you show a sincere interest in
repaying your debts.
Whether you’re just now beginning to establish credit for yourself or you’re trying to improve your credit rating, taking smart steps
now will enable you to enjoy greater opportunities later; when it comes time for you to apply for a loan on a new home or that car you’
ve been eyeing, you’ll be confident that your credit report won’t be stopping you from the things you enjoy.
Finally, if you need assistance in assessing any of the aforementioned areas, don’t wait for a problem to arise or for a problem to
get out of hand. Get help now. If you’d like my help, don’t hesitate to email me at denise@denisehallbrown.com. Your financial
efforts today will reap great benefits in the future if you give it the proper time and effort!
denise@blackfrederick.com
If you’re just starting out, there are several ways to establish a good credit history. You could apply for a credit card or obtain an
installment loan. It’s smart to start out using credit cards and installment loans for small items – this gives you time to gain
experience with working monthly payments into your budget.
Just as credit cards and loans can help build your credit history, so too can your everyday actions. Always be sure to pay your bills
on time, including rent, electric, gas, water, and cable tv bills.
If you are interested in learning more about your credit report, Equifax, Experian, and TransUnion are all major credit reporting
agencies. You may contact one of these companies to obtain a copy of your credit report. You may also utilize sources such as
www.freecreditreport.com.
Unfortunately, there are times when we may find ourselves with an unfavorable credit rating. If you’ve found yourself in this position,
there are steps you can take to improve your credit report: begin paying your bills on time, avoid taking on any new debt, and work
with your current creditors to repay your debts. If you are very late on your payments, consider calling a credit counseling agency
instead of claiming bankruptcy. Credit counseling can assist you in reducing your debt without as much damage to your credit
report. By addressing your problems early, many creditors will be willing to work with you provided you show a sincere interest in
repaying your debts.
Whether you’re just now beginning to establish credit for yourself or you’re trying to improve your credit rating, taking smart steps
now will enable you to enjoy greater opportunities later; when it comes time for you to apply for a loan on a new home or that car you’
ve been eyeing, you’ll be confident that your credit report won’t be stopping you from the things you enjoy.
Finally, if you need assistance in assessing any of the aforementioned areas, don’t wait for a problem to arise or for a problem to
get out of hand. Get help now. If you’d like my help, don’t hesitate to email me at denise@denisehallbrown.com. Your financial
efforts today will reap great benefits in the future if you give it the proper time and effort!
denise@blackfrederick.com
| BlackFrederick.com's Featured Article |
| www.BlackFrederick.com All rights reserved to BlackFrederick.com Copyright 2007 WebMistress |
Get The Credit Rating You Want
Contributed by Denise Hall Brown, State Farm® agent
BlackFrederick.com Money Corner Editor
Published April 1, 2008
Contributed by Denise Hall Brown, State Farm® agent
BlackFrederick.com Money Corner Editor
Published April 1, 2008
Customers often ask why lenders need to review their credit report before approving them for a home or
car loan or a credit card. Credit reports contain a lot of valuable information about your previous financial
behavior and help lenders predict whether you’ll pay off any new debt. Therefore, it’s important that you
car loan or a credit card. Credit reports contain a lot of valuable information about your previous financial
behavior and help lenders predict whether you’ll pay off any new debt. Therefore, it’s important that you
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