Ways to better your credit score

When it comes to the world of credit and borrowed funds, having the highest credit score means having the best record.

There are many "practical" techniques to choose from to hit a home run with your credit score.

One course of action is to keep your credit card balances as low as possible. In order to do so this means no splurging or impulse buying of unneeded products and/or services. It also means to only use credit cards in case of an emergency. By keeping your cards balanced at the lowest end of the spectrum, your credit rating will steadily increase.

Another plan to consider, is to never max out any of your credit cards. Sure, this sounds simple enough, but it surely is not. Due to temptation and the strong sense of 'wanting' things, we often are unable to just say 'No'. There is also the chance of experiencing one bad incident after the next, thus decreasing your available funds and increasing your credit card needs. No matter how difficult times may be or how strapped for cash you are, don't ever charge your cards to their maximum allowed credit line; the only result to this windfall is a deeper hole with plummeting scores.


A third plan to utilize is to clean up and repair your credit report, if and when you have damaged it. As previously mentioned, it is key to limit your credit card usage, however, it is sometimes inevitable as emergencies tend to present themselves in the worst times. But, there is a light at the end of the tunnel, as well as tools to help raise your credit score again. Debt relief programs such as debt settlement and debt consolidation are tools in which millions of people use to help repair the damage they've done to their credit score.

Therefore, if you keep to these three bases of knowledge, you will almost surely hit the home run that guarantees your highest score!!

What Makes a Good Debt Settlement Company?

A Look at the Industry:

There are plenty of people who only believe in giving debt settlement companies a bad name. But what people are unaware of, is there are ethical companies that do exist and whose goal is to help people in need of debt relief.

One major shadow that has been cast on debt settlement companies is greed. It’s thought that all companies are in business to take people's money and run. Rather, noble companies explain their practices, policies, and fees up front and don't keep anything in the dark from their clients so they know what to expect as they go through the process of the program.

Another common delusion people have regarding debt settlement companies, is that they provide limited information. Honest and honorable companies will take the time to explain every available possibility for debtors and leave it up for them to make the decision without trying to force them into the program.

Another misconception, is all debt settlement companies have high drop out rates. Trustworthy companies who disclose every detail upfront, however, have very low dropout rates.

Debtors need to understand there are many positive attributes reliable companies possess. Some qualities they have include: sticking with the client until they’ve cleared their debt, educating clients with how to handle collectors, not dropping clients when and if legal action is taken, identifying all programs available for each situation (Debt Consolidation, Credit Counseling, Debt Settlement, and Bankruptcy), as well as what to expect with their credit when enrolled and beyond.

For debt settlement companies who truly want to help people, it remains an uphill battle when dishonest companies keep giving them a bad name.