How to Fix Bad Credit
Download
1 / 10

How to Fix Bad Credit - PowerPoint PPT Presentation


This is a presentation from ForeclosureDataBank.com on how to fix bad credit efficiently. Repair, restore and protect your credit by taking the positive steps mentioned in these guidelines

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha

Download Presentation

How to Fix Bad Credit

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


How to Fix Bad Credit

Simple guidelines towards Repairing, Restoring and Protecting your credit

http://www.ForeclosureDataBank.com


http://www.ForeclosureDataBank.com

Is Bad Credit Holding You Back?

A bad credit report to your name can be one of the most stressful predicaments to deal with, but by taking various positive actions with some discipline on your part, you can be on the road to recovery much sooner than you think.


http://www.ForeclosureDataBank.com

CREDIT REPAIR CHECKLIST

  • Order Your Credit Report

  • Locate and Report Error

  • Clear Outstanding Debts

  • Work With A Debt Counsellor

  • Create a New Credit History

  • Stick to a Sensible Budget


http://www.ForeclosureDataBank.com

CREDIT REPORT

Order Your Credit Report From The Credit Bureau:

Study the report thoroughly to understand all the aspects that are affecting it negatively so that you can tackle them one by one.


http://www.ForeclosureDataBank.com

UNDERSTAND WHAT AFFECTS YOUR CREDIT SCORE

  • Late payment

  • Chapter 13 bankruptcy

  • Foreclosure

  • Loan default

  • Exhausted credit cards


http://www.ForeclosureDataBank.com

Rectify Errors

Locate Any Wayward Error That Might Have Surfaced in the Report

Any such error should be immediately reported and corrected with the bureau.


http://www.ForeclosureDataBank.com

Clear Your Outstanding Debts

Outstanding debts are one of the most obvious reasons behind a bad credit report

-Start making repayments as soon as possible

- Repay the loans that have the highest interest rates.


http://www.ForeclosureDataBank.com

Get In Touch With A Debt Counselling Organisation

Having a credit counsellor can ease out a huge amount of stress for you as the analyst can help you in :

- Debt consolidation

- Negotiate with the creditors to reduce financial charges.


http://www.ForeclosureDataBank.com

Start Setting Up A New And Sound Credit Foundation

While you work with your counselor set up a clean credit history by:

- applying for a new credit card

- making sure that you use it with caution

- ensure that you pay the monthly bills on time


http://www.ForeclosureDataBank.com

Change Your Outlook Towards Spending

Apart from working on repairing on your credit report, you have to remember that you also need to make a whole lot of positive changes in your lifestyle as well as your attitude towards spending. This can begin with making a realistic budget for yourself and your family and actually sticking to it.


ad
  • Login