Cash is slowly becoming a thing of the past. We live in a world
of credit, and maintaining a good credit score can mean the difference between
having the necessities of life and struggling to get by. There are many factors
that contribute to your credit score and trying to understand them all can be a
daunting task. One thing is for certain, if you are one of the many people with
a credit score that is considered poor or if you have no credit history to
speak of, it is time to get back on track.
At Simple Auto,
we are dedicated to helping people fix their damaged credit histories. Because
we are so committed to credit maintenance and repair, we have compiled some
quick tips on how to get a less than perfect credit score back on track.
Pay Off as Much Debt as Possible
The most obvious tip is to pay off as much outstanding debt as
possible without adding new charges. Outstanding balances can bring a credit
score down. While paying off your debt in one big swoop may be unrealistic,
increasing your monthly payment even by just a few dollars can make a
Avoid Closing Unused Accounts
Avoid closing unused accounts. Getting rid of old accounts might
make you less likely to use credit, and it also wipes out part of your credit
history. People with little or no credit history will face the same challenges
as those people with poor credit.
Check your Credit Score
Keep an eye on your credit report. Everyone makes mistakes –
even the credit bureaus! There may be inaccurate information on your credit
report that is contributing to a low score. Each of the main credit bureaus
maintains a dispute department. Credit
Karma is a great website that allows you to check your credit score without
Create a Budget
Create a personal budget and stick to it. Being disciplined with
your finances will help avoid the pitfalls that helped lower your credit score
to begin with.
These tips are just a few things you can do to help improve your
Establishing new credit so that you can re-establish a solid
payment history can be hard with a tainted credit score. This is where we can
help the most!
We help people with little or no credit get into quality used
automobiles regardless of their history. When you purchase a vehicle from us,
you not only get a reliable vehicle but you take the first steps in showing a
positive payment history. Working with the professionals at Simple Auto is a double win
situation! Get back on track to financial security with one of our used cars.