5 Golden Rules To Follow To Successfully Fix Your Credit Score

Posted by Articles Point on Tuesday, August 21, 2012

In your life you encounter some rules which are Golden, rules that actually apply. Whenever you find them it is wise to remember and do not forget them.They can guide you throughout all your life.


 


Golden Rules exist for use, to be followed, to guide you. Regardless of what your main goal is or what challenge you face, the rule will be there. Just look for the Golden Rule that applies and follow it...


 


Golden Rules, 5 of the best for sucessfully fixing your credit score.


 


Golden Rule # 1, Check credit history for negative items in the past. The tried and tested purpose of carrying it out like this is all the negative records which have lapsed due the time should be removed after seven years. Remember, if they appear as active, they are negatively affecting your credit score.


 


Golden Rule # 2, Check for incorrectly settled accounts. You should be careful in this area because sometimes system glitches and errors could display wrong information. And you might want to keep in mind that there is no way being more sure about your accounts information then looking by yourself. You can never know when your account that has been paid on full in time instead shows as paid derogatory, paid charge-off or settled.


Golden Rule # 3, Do not close accounts that you are not using. Why it is advisable to do that is because Credit rating is calculated on the number of your accounts. Closing some of them, whether they are not used too often or haven't been used at all, will lower your credit score


 


Golden Rule # 4, Limit your card charges. If you would like you could get this done by limiting your monthly allotted expenses to the 10% - 30% per credit card.


 


Golden Rule # 5, Get 1 on 1 session with professionals Ways to achieve this step include finding companies in your area that has good enough reputation and have been working successfuly in this area of expertese. You will want to do this carefully. It will save you a lot of time and hastle you would spend looking for this information online.


 


Carefully follow these golden rules to sucessfully fix your credit score once and for all and you will probably find your progress to be quite rapid and your successes greater, more frequent plus much more satisfying, when knowing you have managed to do it.

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