Bad Credit Forum- Re: Best Way To Pay Down Debt and Raise Credit ScoreAlso be sure to check your credit report for errors. They really do happen. I had 2 entries for one credit card, for example, which made it look like I had more outstanding credit than I did. I disputed it, and it was quickly fixed. […]
- Re: Best Way To Pay Down Debt and Raise Credit ScoreThere is a decent article on credit card payoff strategies: http://www.over50web.net/finance/save-money-finance/credit-card-payoff-strategies/ The comments actually give some good information. Basically, you should pick a stategy that works well for you. That said, I do believe that paying off cards that are close to their limits will have a quicker impact o […]
- Re: Renting With Poor CreditAbsolutely, your best bet is to long for somebody who needs a room mate in their own home - if you need very cheap rent, there are older people who need some help around the house or transportation - and they may be willing to give you a big break on rent (or even free rent) in exchange for some services. Of course, you have to be responsible and do what you […]
- Re: Best Way To Pay Down Debt and Raise Credit Score
Monthly Archives: July 2010
US Credit Scores Sinking To New Lows
Is Your Credit Score Sinking Lower?
I hate to be the bad news town crier, but I have just read some discouraging news as far as US credit scores goes. Remember, these credit scores are needed to get credit cars, auto loans, and of course new home financing. They can also affect the price you pay for lots of other things. Even your car insurance rates can be affected! Beyond just affecting people with poor credit, it affects other businesses too. Less homes or autos will get sold if people cannot qualify for credit!
