BUMP UP YOUR SCORE STEP BY STEP

Inflation, Unemployment, Stock Market…the economy is hurting and so is your credit score. You are not alone! Many just like you are hurting but are thinking positive. Your credit score is a primary factor used in determining your overall creditworthiness. Here are a few things you can do to bump up your credit score:

*Payoff your small balances or paydown balances within grace period (normally 30 days)
*Pay more than your minimum payment when possible
*Don’t overuse your credit limit – try to keep it below 50% of your limit
*Make your payment on time; if late contact your creditor discuss your situation and make arrangements – keep in communication
*Review your credit report for correct reporting from your creditor; if not reporting correctly contact your creditor or credit bureaus and dispute negative rating

*if in collections, try to work with agency when possible

Don’t lose hope it can all work out if you keep on top of things and keep in communication with creditors/agencies.

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