Easy way to Rebuild your Credit Score - Building Credit to Buy a Home
There are many ways to approach credit building, credit repair and/or restoration. In my experience, this is one of the easiest ways to approach rebuilding your credit after a bankruptcy. I had a credit score under 500 (probably worse at one point) so I need to build it back up again, my approach, went online to a credit card company, filled out the request and indicated "why" I needed the card.
I was approved, $300, so I did what I mention here in this video with that card. Then I went to a local department store, was asked at the checkout line if I wanted to apply for a specific color of card, I said YES! and I received an approval and that card had a $300 balance as well, so I played the same game with that card. A few months later (6 I believe) we put my Queen's Mustang on an Auto Loan and BAM! within 12 months both our scores were mid to high 700's
NOTE: This is not the "cure all" for negative credit, it is, however, based on my personal experience of rebuilding my credit scores after our Real Estate Market Crash. In my experience, I followed this concept and my scores increased over a period of 6 months by following the steps I outlined here. For more details on how to improve your credit rating, I'd suggest a Credit Restoration Company. Any questions, just ask! Want to visit me online? Just click here
Equal Housing-Lending Opportunity
602-321-6188 RLS8GUY.com
Comments (4)Subscribe to CommentsComment