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The First Step is to admit to yourself that you are responsible for the financial mess you find yourself in.
Moaning about how this creditor or that creditor did you wrong won't get you anything but an ulcer. Focus
instead on giving the ulcers back to the banks.
The Second Step is to go through your current debts and see which ones are salvagable. Everyday
people throw away their credit tossing good money at old debts that cannot realistically be made current.
Identifying and casting off this "terminal" debt will free up the money you need to "cure" the debts that can be saved.
The Third Step may seem counterintuitive but you must fight bad credit with good credit. You need
to have several tradelines that will report prompt payment monthly to all three major credit bureaus. These good
tradelines can improve credit scores up by as much as 80 points in just six months. It is key that you create UNUSED
credit because banks like people who already have credit they don't use.
Step 4 is where the magic happens. This is where you get to rewrite the credit history you've spent a lifetime messing
up. You really can do it but it takes a lot of work, organization and patience but it has, does and will work. When
you are done with Step 4 you will have pristine credit and YOU DID IT YOURSELF!
The First Step is to admit to yourself that you are responsible for the financial mess you find yourself in.
Moaning about how this creditor or that creditor did you wrong won't get you anything but an ulcer. Now
is the time to concentrate on the future.
The Second Step is to go through your current debts and see which ones are salvagable. Everyday
people throw away their credit tossing good money at old debts that cannot realistically be made current.
Identifying and casting off this "terminal" debt will free up the money you need to "cure" the debts that can be saved.
The Third Step is the most fun. You must repair credit with several tradelines that will
report prompt payment monthly to all three major credit bureaus. Three clean tradlelines showing modest balances
and perfect payment can improve credit scores up by as much as 80 points in just six months.
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