Step 2 in a 5 Step Process to Improve your Credit Rating

Real Estate Broker/Owner with Frank Real Estate, Market Me Online Marketing Strategists

Step 2- Consistenly Good Payment History

  • Always pay your bills on time.  Late payments are a major factor in driving down your credit score.
  • If any of your bills are currently past due, get caught up and stay caught up - procrastination can destroy your credit rating.
  • Contact your creditors immediatley if you think you are going to have a problem paying a bill by the due date.  Try to work out a payment arrangement and ask them to keep the late information from being reported to the credit bureaus.  If you cannot get them to agree, negotiate to keep at least a portion of the late information off the reports.
  • If your situation is serious, see a legitimate counselor - one who is non-profit.  Don't fall for the quick fixes scamers.
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Comments (1)

Sara Garden
Rocky Mountain Home Staging - Boulder, CO
MBA, HSE, HSR, APSD, Home Stager

Great tips, thanks for sharing. Procrastination is the enemy of excellence in just about every area isn't it?

Oct 25, 2011 03:27 AM