My credit is really bad and i want to improve it whats the best way?
Answers:
Get a secured credit card to build up good credit (if you credit is so bad you can't get a non-secured one). Make all your payments on time. Clear up any overdue accounts currently on your credit record and pay all your bills on time from now on.
Clean up your current credit and work towards getting a secured loan instead.
Start with getting a credit report from Experian - Free for first month then check a number of helpful websites. Start with CAB ( Citizens Advice Bureau ) where you will find lots of useful links.
yes improve your score. maintain a job and current resident. 2 years is great PAY YOUR INSURANCE ON TIME. a lot of people don't know how this effects your credit rating. get the secure loan preferably through a bank or credit union, put that money in the bank and keep it there for a week and let your money make you some money. This should be done in the last calender days of the month of June in order to collect the interest do not get any more new credit for 3 months. pay your current payments every 2 weeks for that three months you only have to make sure that your minimum payment is made but if you can do more than do.Example your min. payment is 40.00 pay 20.00 every 2 weeks or pay 22.00 every 2 weeks. At that point if you have paid or making payments on time on your secured loan. you should be able to pay off an outstanding debt and treat yourself to lunch. and do it again for the next three months but this time find out from your current debtors. what you can do to lower any interest on any cards if you have any. if you can play monopoly you will figure it all out.
CREDIT REPAIR!
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