Creating Proud New Home Owners... One Tenant At A Time!
Training Module # 1 of 3
Fix a Credit Report and Check it Monthly
By Hector Milla
The worst thing you could do is delay fixing your credit. Having your credit report is a very important thing especially if you are seeking to increase your credit points. Once you fail to check on your credit, there are multiple things that could happen, and not at the best interest of your financial options. Checking credit is a good undertaking as it allows you find out if you are spending too much which lowers your credit scores or whether you are doing well on points. Good scores come as a result of paying your bills on time and spending wisely.
But what is a credit fix? There are times when you check your credit with the crediting services and find out that you have a bad history or rather have had transactions that have negatively affected your credit score. These are major contributors to a credit fix. It is important to seek the services of a crediting company so that they can tell you where your credit stands, and at the same time evaluate your credit's credibility. The only way to save your credit is by having a credit fix. A copy of your credit report from the bureaus Experian, Equifax and TransUnion is the first thing you need to do. In a credit fix the errors in the information regarding your monthly accounts, personal or public information are rectified.
Most individuals will write to the bureaus explaining the cause of the credit errors. Others can also call to have the errors rectified. Once the creditor has understood and made the fix to your credit you can now go ahead with the repairing process. The free trial credit report companies available will guide you through the process of getting back on track after your credit has been fixed.
Regular checks should then be a must. Once you have fixed your credit you do not want to be vulnerable to the same again. Check your history on a monthly routine to ensure that your credit remains in good standing. The best thing to do after such a situation is start focusing on greater scores.
Final Tip: while you can get a free annual credit report once per year, this one does not contain your credit scores making it incomplete. This is why getting a full credit report on a free trial basis with one of the best credit report services becomes a must. This way you will have a full picture of your very particular financial situation. This will undoubtedly help you to get your credit scores improved and consequently a fixed credit report.
Article Source: EzineArticles.com/?expert=Hector_Milla
GoodTenant.com has their Best Credit Report Service Review Page, where you can see their best rated credit reporting companies. Visit for further information and read our full review of the best credit reporting companies, plus other articles and training modules to help in your credit success, home owner success and personal success.
Training Module # 2 of 3
How Can I Raise My Score 100 Points in 45 Minutes? Inch Your Way Up the Credit Score Scale
By Ryan J. Taylor
When you know the secret to quickly increasing your credit score you can trick lenders and creditors into giving you more money and reducing your interest rates. Because they'll never know what your score was before you raised it, they'll have no choice but to lower your interest rates and hand over the money you need.
Your credit score is more than just a number to help you get approved for a loan. This information is reviewed by employers and can help you get a job, it's used by your car insurance company to determine your rates, and its being used more and more for everyday decisions.
Particularly if you are planning on buying a car soon, renting a new apartment or buying a new home, it's never a bad idea to review your credit information and increase your score. Do this before you visit the lender so you have a chance to make these changes before they have a chance to pull your credit.
How is this done?
One of the easiest ways to increase your rating is to download your free report and score. When you look at your score, you'll immediately see where you stand on the credit scale and what you need to do to raise that number.
But also take a look at all 3 of your reports - closely. That's because three out of four credit files contain errors that don't belong there. This includes items that are over 7 years old. By law, these should fall off your report and no longer hurt your score, but that doesn't happen. Find these mistakes, notify the reporting agency online and as a result your score will increase 100 points or more.
Download your personal credit score and see how it stacks up to the average.
=>> View all 3 of your free credit reports...
Article Source: EzineArticles.com/?expert=Ryan_J._Taylor
Training Module # 3 of 3
I Need a 620 Credit Score to Get a Mortgage!
By Joe Dougherty
It hurts when you are turned down for a mortgage especially when there are a lot of great deals on the market and the government is offering a nice tax incentive for first time home buyers. If you are truly motivated to buy a new home for you and your family then you may have considered hiring a Credit Repair Company or Attorney to help you remove or settle the bad items that are bringing your credit score below the acceptable score for mortgage qualification.
The first thing that you need to consider is whether or not you can do the "Fixing" by yourself. I'm here to tell you that you can and with the right support and educational material probably better than most of the Credit Repair organizations out there. This approach is going to keep you in the loop better than any other approach and Save you a ton of money. That being said if you simply don't have the time or energy to invest in yourself there really are some legitimate companies that offer a great credit repair service. But be warned, you may spend a little money and there are no magic pills that any company has to get your credit fixed. That's a fact.
Personally, I'm not a fan and most professionals agree that free credit reports that you can get are not the only indication of where you stand. Plus, the disputing methods that they (bureaus) offer reduces the work that is required to resolve your credit issues but may not address them all.
Beyond repairing your credit there are other services out there that can get your foot in the door for a private mortgage while you are getting your credit turned around. If you know your Sunrise Score you can get a FREE evaluation of how long its going to take before your credit is repaired and possibly get hooked up with a Private Investor that will hold a mortgage for you until you can afford to refinance them out.
In short, if you're wondering to get out of your bad credit mess you are not alone. There are tons of blogs and informational material available for Free or very cheap considering the potential outcome. Online Self Help Communities are also a good approach.
If you're motivated and you need to get that 620 or higher credit score you can get there. I have faith in you!
JT Dougherty runs a successful consulting business in New York State that counsels and directs people to improve their Financial Wellness. He counsels Attorneys, Doctors, and Politicians around the country on how to improve the Financial Wellness of their clients, patients and constituents.
Article Source: EzineArticles.com/?expert=Joe_Dougherty
GoodTenant.com also helps people that need better credit scores to join self help Credit Repair Communities (http://www.renttoownworkshop.com) through Public Announcement Sign Up Pages that bring valuable information to people and empower them to fix their own credit in the fastest possible time frame.
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