Bad Credit - The Ugly Truth!

By Author: Tomas Lodén
Total Articles: 24
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Living with bad credit can be extremely stressful but help is closer than you think. Improving your bad credit rating requires that you take action. Cleaning up credit report should be the first step in repairing your bad credit.

Below are 6 bad credit tips to a debt free living.

1. Request a copy of your actual credit report from a credit bureau. This will list your outstanding finances as well as inform you where you have no problems. This is crucial to your bad credit repair.

2.If your debts are overwhelming, get help to work out a debt consolidation plan. This can reduce your monthly payments by up to 45%.

3. Get a copy of your report once a year. You may find errors that will damage your credit rating.

4. Stay away from free bad credit services that offer you free bad credit repair or debt consolidation plans. You can often find them on tv or radio.

5. Even though your credit is bad you can get a unsecured personal loans up to $25,000 with a credit score as low as 520.

6. If you have really bad credit perhaps even filed bankruptcy don't let your credit status go ...
... dormant. The faster you begin to re establish good credit the faster you'll improve your credit score.

Bad credit loans are the perfect way to borrow money if the borrower is suffering from bad credit. Learn more about bad credit and hot to fix it the fast and easy way. Visit my free guide below...