How To Get Home

It is important to think of good credit as a journey and not a destination. Good credit is important because the higher your credit score, the lower your interest rate will be. Building a better credit report takes time, but it is worth all of the effort it will take. There is no better resource than the FTC’s website for rebuilding your credit. There is no quick fix for the years of negative credit and trying to “make it go away” can get you even more trouble. Take a few minutes and read through the risks associated with credit repair companies (waste of money) and see how you can do everything on your own.

The three national credit agencies have invested a large amount of resources to develop and refine the online dispute process. Each of the three companies has a slightly different system and you will need to deal with each agency independent of the others.

Equifax , Experian, and Transunion all have information about how to dispute problems with the information on your credit report.

Credit cards are considered revolving debt. The higher your revolving debt balances go in relation to the credit limits for these accounts, the lower your credit score will go. Being “Maxed Out” is considered a risk factor if someone is relying on their credit cards to pay for everyday expenses. So you can have a Visa card, which has never been late, but is maxed out and it will hurt your credit score. Try to work on paying down your balances and use revolving debt as little as possible.