Learn All About Repairing Bad Credit Here
Whether you got your credit cards on your college campus, got carried away on one too many shopping sprees or got hit hard by the recent economic downturn, you probably did some damage to your credit. The good news is that there are some things that you take steps to begin to repair it. If your credit card has a balance of over 50% of your limit, then pay them down until they are below 50% utilization. Opening up an installment account can give quite a boost to your credit score. You will improve your score by successfully managing an installment account. You can dispute inflated interest rates.Creditors are skirting aspects of law when they try to charge you with high interest rates. You did however sign a contract that agrees you would pay off the debt. You need to be able to prove the interest rate charged exceeded your state's statutory limits. You should always make an effort to pay them on time and in full. Your credit rating can improve immediately when you ...