Here are very doable action steps you can take this weekend to build and boost your credit:
1) Review Your Credit Report and highlight or circle the following items:
- Accounts you don’t recognize
- Late payments older than 7 years
- Collections that should be removed
2) Set up Autopay for credit cards and installment loans (car/truck/SUV)
3) Look for high credit card balances that are over 50% of the limit and pay them down. If you have none in that category, look for balances that are over 30% of the limit and pay them down.
4) Write down a credit goal that you want to achieve by the end of the year. Keep that someplace where you will see it often as a motivation to keep on going toward building and protecting your credit profile.
Other people have gone from “D” credit to “C” credit to above average credit — and you can do it, too!
Other people have paid off their burdensome debt — and you can do it, too!
People who had embarrassing credit now have respectable credit they are proud of — and you can get there too. It becomes easier as time goes on. So be encouraged, write your goal, and take hold of the action steps above.
Happy Labor Day weekend, and whatever you do, DON’T go further into debt!. God bless you and keep you safe,
