Fix Your Credit - PowerPoint PPT Presentation

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Title:

Fix Your Credit

Description:

5 tips on how to fix your credit so that your future loans will be approved. RESOURCES: Apply for a bad credit personal loan - Secured Credit Card - – PowerPoint PPT presentation

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Learn more at: http://NewHorizon.org
Updated: 27 February 2017
Slides: 10
Provided by: melaniemathis
Category: Other

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Transcript and Presenter's Notes

Title: Fix Your Credit


1
Fix Your Credit
  • Credit Rebuilding

2
Fix Your Credit
The thought of credit can be very intimidating
for some people who may not know as much about
credit as they would like but know how
influential it can be when determining if someone
will be approved for a loan or not.
3
5 Tips on How to Fix Your Credit
Credit Rebuilding Credit Cards
4
1 Start Making A Budget
  • Know exactly how much money is coming into your
    household in order to balance that with all of
    your expenses. A budget, will help you avoid
    overspending and getting into debt.

5
2 Obtain a Copy of Your Credit Report at Regular
Intervals
  • Monitoring your report efforts allow you to
    verify that agencies are correctly administering
    information on your status and that additional
    negative reports are not being made.

6
3 Borrow Some Money
  • If you want to repair your credit faster, you
    might want to ask someone if you can borrow some
    money or apply for a bad credit personal loan.
    Just make sure you pay them back. There's no
    shame in wanting to better yourself by adapting a
    debt free lifestyle.

7
4 Get A Secured Credit Card
  • A secured credit card will give you a credit
    limit equal to the amount you deposit. It allows
    you to regain your credit score at minimal risk
    to the lender.

8
5 Have Someone Co-Sign a Lease or Loan With You
  • Your credit may be too poor as to where you
    cannot attain any form of credit on your own and
    may need to start considering who to ask to act
    as a guarantor for a lease or loan.

9
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