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Having a good credit score is
essential when it comes time to being approved for a loan. Although
we have all heard the phrase "bad credit, no credit...no problem",
the fact remains that having good credit is going to broaden your
financial freedom. Here are five steps to help improve your credit,
you can begin taking today: One, take advantage of your free yearly
credit report, which can be obtained on the Federal Trade
Commission's website, annualcreditreport.com. Two, carefully examine
your credit report, for it is a proven fact that most credit reports
will have at least one error on them. Third, document any errors and
fill out the attached dispute form or writing a letter to the credit
bureau responsible for showing the error. Four, implement a debt
consolidation plan if you are currently in excess debt. Five, if you
seek to establish credit, consider opening a savings account and
obtaining a secured credit card after doing thorough research. |
