Buyers-Things You Need to Pay Attention While Improving your Credit
Won't it be a perfect world when you are ready to buy a house, a car, or anything requires credit check, and your credit are sparkling clean to go? But in the real world, many of us probably need to work on our credit before a major purchase, it can take from 3 months to up to an year or even more, it depends how much you need to repair your credit.
While you are trying to improve your credit, there are a few things you need to pay extra attention, in order not to make your score even lower.
**Don't open any new credit card account if you already have an existing account, just pay them on time and in full when the monthly statement comes. Don't just pay the minimum payment.
**Pay your bills on time and don't be late, you are trying to avoid new collection shows up on your credit report.
**New cell phone account can also pull your credit score down.
I am a REALTOR®, not a mortgage lender, but these are some of the basic steps you can do to help to improve your credit score. Contact your lender for more details how to repair your credit, each person has their unique circumstances. Any good lender is willing to discuss your credit matter with you. But you can call me if I can help you with your real estate matters.
It takes time and patience to repair credit score, it is a process and it can be done. But I need your help to do your part before I can help you with your new home purchase.