• • Request a copy of your credit report free of charge online at: https://www.annualcreditreport.com/cra/index.jsp
  • Dispute erroneous items or debts you do not agree with. Write a letter to the credit bureau and provide a copy of any proof that may support your dispute.
  • Prepare a budget plan to pay off collection accounts. If the debt is with a collection agency call them and negotiate a settlement of your debt. In some cases you can settle for half of what you owe.
  • Open a variety of credit accounts: Credit Card/Charge Card/Line of Credit/Installment/Auto
  • Use your credit cards to pay for groceries & gas, and pay off on a monthly basis whenever possible. This will help you to establish a credit history. You must have open credit accounts to build credit. Keep at least 4 accounts open.
  • Don’t ever close an account after you have paid it off. This will negatively impact your credit score.
  • Do not exceed 50% of your high credit balance on your credit accounts.

   

  Maria Chavez-Maestas

  Da Vinci Mortgage Finance

  Senior Loan Officer

  (801)355-6700 Ext.243

  (866)573-6700 Ext.243

  http://www.every-walk-mortgage.com

Painless loans are my specialty!

Utah/Idaho/Oregon