credit rating

credit score ratings

 

 

Moodys Credit Rating
Credit Score Rating
Credit Score Ratings
Uk Unsecured Personal Loans Bad Credit Rating
Bad Credit Loan Personal Rating

 

Credit Rating
Moodys Credit Rating
Bad Credit Loan Rating Uk
Bad Credit Rating Mortgage
Bad Credit Mortgage Rating
Mortgages Bad Credit Rating
Bad Credit Rating Fast Cash Loans
Compare Unsecured Loans Uk Bad Credit Rating
Student Loan Bad Credit Rating
Corporate Credit Rating
Free Credit Rating Score
Check Credit Rating
Personal Loan Poor Credit Rating
Bad Credit Loans People Rating Unsecured
Credit Free Rating Report
Credit Ratings Templates Samples
My Credit Rating
Bad Credit Rating Home Loans

credit ratings

Google

How To Repair A Bad Credit Rating
By  Search EzineArticles.com 

If you have a bad credit rating, then you might find that your ability to get financing, loans, and even some jobs is greatly diminished.

Once you have a bad credit rating, it might seem like there's nothing that you can do about it… but you don't have to believe that. It's not as difficult as you might think to get by with a bad credit rating; with a little work and time you can even repair it! Of course, before you do that it's important to realize exactly what a credit rating is.

What your credit rating says about you

Every time a lender or other creditor makes a report concerning your payment history to them, this report affects your credit score.

Your credit score is a numerical indication of the positive and negative reports that you've received from creditors and lenders; if the number is high then you have a good credit rating, and if it's low then you have a bad credit rating.

Since many creditors and lenders report either monthly or quarterly, the overall score is very fluid and can change over time… a fluidity that allows you to change and improve your bad credit rating as time goes by.

Basic credit repair

If you're looking to repair your bad credit rating, the first thing that you need to do is obtain a copy of your credit report.

Once you have your credit report, you'll be able to

 

see the creditors and lenders that have made the negative reports for late payment and non-payment that caused you to have a bad credit rating.

Contact the lenders who have reported you for non-payment to arrange a repayment schedule, all the while making sure to keep current accounts up to date and not falling behind on your current payments.

As you gradually repay your old debts, they will be reported as being paid satisfactorily… and at the same time your current accounts will continue to report positively as long as you make on time payments.

Within six months to a year a definite change should begin to show in your credit score as the positive reports begin to outnumber and encompass the old negative reports.

It may still take a while longer for your bad credit rating to disappear entirely, but as long as you work to maintain your credit and make your payments on time you'll find that the day will come when having a bad credit rating is nothing more than a memory.

Google

All content published on this web site is provided for informational and educational purposes only. Always seek professional advice before making any decisions.

We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.

This page was updated on Nov 2009 and is Copyright © 2003 by Global Com Consulting Inc.

web page hit counter