CREDIT RESTORATION TIPS!

How and Where to Start When Building Your Credit Scores... When you are ready to start building credit, we suggest focusing your attention on ONE line of credit. Credit cards in particular are a good starting point. A credit card is self-managed, and only you can decide how much you are going to charge on it each month and how much you are going to pay on it each month. It is a strong and predictive indicator of your credit management abilities. An unsecured credit cards have spending limits determined by your credit history and income, it may be hard to acquire one at first. Secured credit cards [53rd has a credit builder program, we recommend you seeing Sierra Sparks, 2489360314] require a security deposit that becomes collateral as well as the credit limit for your card and may be an easier place to start. Every card issuer has different standards so research your options to find a card that has a lending profile that fits you best. Co-signed cards or loans can be another opportunity for credit beginners to start building a history, but they come with risk. Whatever happens with that card is going to affect both parties. * Just make sure every month you check, and make sure that the agreed payment was made or that the balance isn't getting out of control. ** If managed closely, co-signed credit can benefit everyone involved. Credit is King and Knowledge is Power! NO MORE EXCUSES...