subject: Albany Oregon Real Estate- Get credit score right to buy a home [print this page] Albany Oregon Real Estate- Get credit score right to buy a home
Your credit is like a open-source life-time log that tells creditors, people your looking to do business with, how you handle paying your bills. Most of us will eventually have some hick-ups in paying our bills..
Small late payments, lost mailed out bills ect...
And that's ok because negative stuff drops over time and the positive will stay forever. So don't stress the small things when it comes to improving your credit.
Knowing that, its pretty simple to maintain a good credit score. But there are also some ways you can immediately use to maximize how high you get your credit report.
Here they are:
First some methods if you have new credit: 1.) Consult a credit expert if you are new to getting credit, they can guide you in the right direction short term and long term. 2.) Never use a nickname of any kind. Always write down your name exactly how it is on your license. This will help avoid errors and mis-matching your identity with others. 3.) Don't go credit happy and apply for all credit offers. This will long term keep you from qualifying easily for your "must-have" loans.
Second, the tactics to use once you have credit offered to you: 1.) Pay everything on time and if you can pay a little early, especially if your paying by mail. Sometimes they might take a little longer to process. 2.) Keep yourself on a budget. Very simple but doing this will show consistency in your credit report. 3.) Write yourself out a long term plan and what you want to get out of it, as well as what you have to sacrifice to get it. 4.) Look at your credit every 90 days to make sure no bad inquiries were submitted. Again easy to do and can save you many headaches for years to come.
So what if you are needing help with your credit now?
It is quite common for unforeseen problems to happen to normal people and get them drastically behind in their families finances. If you are in this problem yourself, the best thing you can do is get a credit coach who can help you manage your liabilities.
Just like you have a stock broker manage your assets, credit coaches specialize in managing your debts.
All these simple techniques are easy to implement. If you see yourself having any problems just take some of these tactics into your own life and long term you will find yourself exactly where you want to be.
