Credit Repair App Today
by: Edwin Melero • 0
The first step to repairing your credit is in understanding what happened and why you are now in financial trouble. Did you lose your job by being laid off? Did you get sick and lost access to your income and have no or very limited health insurance? Or did you overspend and now find yourself with a mess to fix? All of these have happened to many people in different circumstances. Your first step in fixing your credit is knowing and acknowledging the reasons why your credit situation is the way it is currently.
The second step is in knowing how to go about repairing your credit, and yes there is a right and wrong way of doing this! If you just walk into a credit office and tell them that you can’t pay your bill, they automatically assume that you have no money and can’t even afford to make one payment. So it is important to know how to approach any type of financial institution.
Basically you want to have all your bills in front of you for the month. Then calculate how much money you have available to pay something on each bill. Prioritize which bills must be paid first. Your mortgage and utilities are high priorities, you don’t want to lose having your heat or hydro shut off.