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How do I rebuild my credit rating and how long before I can

Posted on: 27th Nov, 2011 01:52 am
I have summerised my questions in the title, please help with ideas and sharing your experience.

Thanks
Hi Trustman,

Check out the given page in order to find out some to steps and tips to improve your credit: http://www.mortgagefit.com/credit-rating/credit-repair.html .

Thanks
Posted on: 27th Nov, 2011 05:54 pm
Hey Trustman,

There are a lot of ways that you can build your credit score but the sooner you start, the better.

First, try to pay off any debt you may have (bank loans, students loans, etc.).

Avoid falling behind on payments as much as you can and once your all caught up, ask your debtor to remove any late payment entries.

When using a credit card, spend as little as possible. Lenders usually don't like seeing high balances regardless of whether you pay or not. Generally try to stay around 20% under your spending limit at most.

These are just a few tips out of many but remember to start trying to raise your score as soon as you can.

Hope i could help!
Posted on: 28th Nov, 2011 07:00 am
Thanks Pete, for sharing some of the best credit repair tips!! :)
Posted on: 28th Nov, 2011 05:39 pm
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