COLORADO SPRINGS, Colorado, January 17, 2013 /PRNewswire/ --
PersonalLoansForBadCredit.org, the independent comparison specialist for adverse credit loans, announced that it has published a consumer guide for fixing bad credit. Entitled, "Fixing Bad Credit Fast - Small Steps Can Make a Difference," the guide is accompanied by a short animated video presentation highlighting the key actionable steps to take.
Watch the video: https://www.youtube.com/watch?v=zmd-utYKd1o
Narrator "Paul" explains within the video that having a good credit history and high credit score can help consumers with all aspects of their lives, such as getting a new job, renting an apartment and obtaining preferential interest rates and mortgages.
PersonalLoansForBadCredit.org made the announcement,
"We are delighted to announce that our guide for fixing bad credit contains some easy-to-tackle stages. When it comes to bad credit repair, not all advice is the same. Some of it is just downright incorrect, and in our guide we warn against the so-called "credit repair companies" that claim to rid consumers of their poor credit histories for a fee. These services are often not legitimate and consumers should be wary, checking the credentials of any such companies before parting with any money or personal details."
"When it comes to taking true action against bad credit, consumers can do much to help themselves for free. We invite them to review our guide and get started on the road to fix bad credit."
Some highlights from the guide are as follows:
- Obtaining a copy of the credit report: Contact one of the credit reporting agencies to check the status of the credit score and investigate if there have been any errors. These can be challenged and removed if they are found to be incorrect.
- Pay down credit cards every month: Outstanding balances each month can decimate credit scores, so keeping them paid down or almost completely paid down is good for boosting credit scores. Also, another top is to keep open accounts that have been paid down in full as this also gives extra points to credit ratings.
- Budget and stick to it: The most important aspect of successfully tackling bad credit is to know exactly where financial weaknesses lie and controlling them.
To read the full guide, visit: http://personalloansforbadcredit.org/fixing-bad-credit/