Ways to Improve Credit Score Checklist Some tips on how to improve your credit score:•FICO scores improve naturally as your credit history gets better over time. You don't need to request a review.
•Avoid going delinquent on payments. Never let the balance of a bill go over into the next month, and don't let your loans slide into default.
•Avoid closing a credit account you don't use, unless there are fees associated with it.
•If you do miss a payment, get current on your payments as soon as possible.
•If you're having difficulty making your payments, get in touch with your creditors or a credit counselor to work out payment arrangements.
•Reduce your outstanding debt on revolving lines of credit such as credit cards.
•Don't transfer balances and shuffle debt frequently. This is seen by the credit bureaus as an attempt to fix your credit rating quickly.
•Re-establish your credit history. Have credit cards and/or installment loans and pay them off each payment cycle.
•Open new accounts that you will use and pay them off on time.
•Avoid opening lots of credit accounts simultaneously or credit accounts you aren't going to use. This is also seen as an attempt to increase your credit score fast.
•Don't get impatient.
With some of the guidelines tightening in the mortgage industry most of us know someone directly that may have been turned down for a mortgage. Through your association with the Reel Partners you can now suggest that they call Mike Spiegel with Franklin American Mortgage and he will work with them directly on credit repair. A lot of customers are being turned down just because their scores are not high enough to meet program guidelines and this can be corrected in as little as 30 days. Most people do not know the process of credit repair and pay hundreds of dollars for a service that can be as easy as mailing letters. If you or someone you know has been turned down, my advice is do not be discouraged. Give me a call and we will do a credit analysis (FREE OF CHARGE).
Please call Mike at 317-437-5182 for the details.
If you have a mortgage that is at a 6.00% or higher interest rate it might be time for you to refinance. Please contact Mike for a free analysis. Most customers are saving over $100 per month by reducing their interest rates!
•Avoid going delinquent on payments. Never let the balance of a bill go over into the next month, and don't let your loans slide into default.
•Avoid closing a credit account you don't use, unless there are fees associated with it.
•If you do miss a payment, get current on your payments as soon as possible.
•If you're having difficulty making your payments, get in touch with your creditors or a credit counselor to work out payment arrangements.
•Reduce your outstanding debt on revolving lines of credit such as credit cards.
•Don't transfer balances and shuffle debt frequently. This is seen by the credit bureaus as an attempt to fix your credit rating quickly.
•Re-establish your credit history. Have credit cards and/or installment loans and pay them off each payment cycle.
•Open new accounts that you will use and pay them off on time.
•Avoid opening lots of credit accounts simultaneously or credit accounts you aren't going to use. This is also seen as an attempt to increase your credit score fast.
•Don't get impatient.
With some of the guidelines tightening in the mortgage industry most of us know someone directly that may have been turned down for a mortgage. Through your association with the Reel Partners you can now suggest that they call Mike Spiegel with Franklin American Mortgage and he will work with them directly on credit repair. A lot of customers are being turned down just because their scores are not high enough to meet program guidelines and this can be corrected in as little as 30 days. Most people do not know the process of credit repair and pay hundreds of dollars for a service that can be as easy as mailing letters. If you or someone you know has been turned down, my advice is do not be discouraged. Give me a call and we will do a credit analysis (FREE OF CHARGE).
Please call Mike at 317-437-5182 for the details.
If you have a mortgage that is at a 6.00% or higher interest rate it might be time for you to refinance. Please contact Mike for a free analysis. Most customers are saving over $100 per month by reducing their interest rates!
