This blog has a life of its own. Sure, I understand how important credit score is to an individual. As I stated previously, I woke up one day to realize I had no Credit History. I do have my own business and a business I run with my husband. Now, all the credit for the Company is under the Corporation. We do not sign any Personal Guarantee.
Alright, so I was talking to a friend about my new blog. OMG… she needs help! She recently received a notice from the IRS, she apparently has had a lien against her for the some time now. At least 3 years. So the questions is, call the IRS or mail them? How can she get this removed? Why wasn’t she informed about this? Why…why…why…
Okay, on Wednesday we will meet and contact the IRS together. This will be great research for me.
Its important to teach our children at a young age Financial Responsibility. Also, my Tweens ever Pre Teens are earning a living by chore, babysitting or even online that you may want to consider opening a Checking Account for their use. Yes, even a Credit Card. I have some sites that I plan on reviewing and placing here for your consideration. Of course I always welcome suggestions.
Recently I decided that it is time for me to face the UGLY in my life. My UGLY credit report. Its like waking up and saying time to lose weight.
I have noticed that your Credit Report indeed reflects a lot about you as a person. Just as having a weight issue. I want my life o reflect order and love.
So, on Monday I decided to hit the internet and search for information on how to repair my credit. The biggest question was where do I start. Then HOW and Can this possibly be done. With the current economic state of our Country lenders are being more stringent and it is said that people with 700+ FICO scores will have a hard time getting a loan as well.
Alright, I know I can do this. So I started doing more research and applying for Credit Cards to rebuild your credit. DENIED! Of course they kindly let you down, but nonetheless I was DENIED. I was also surprised to have been denied for a Checking Account with Wells Fargo. I do have two checking accounts in good standing; so that I will have to investigate.
So, I bit about my past credit. I have not had ANY credit cards for 7 years. I have not purchased a car or home, not even a utility bill is under my name. Nothing! I married and all of it is under his name. All bill paid etc… I allowed myself to fall into a comfort zone. Not too long ago, he experienced some financial problems with his company. That total scared me. How can I help if I do not have any credit history? Total SOL…
Well, like I said, this is going to be interesting. I do not want to pay for Attorneys or Credit Agencies removing anything in my credit report that I can possibly do myself.
The following are the 3 steps I will take this week to Help My Poor Credit this week
1) Get copy of Credit Report from the 3 Agencies
2) Get my FICO Score
3) Research on how I can accomplish my goals
My Goals
a) Have a Wells Fargo Checking account
b) Department Store Credit Cards /American Express
c) BUY MY OWN HOME in ONE YEAR or less
So let the fun being. If you have any tips please send them in I will look into them and report to you my progress.
Now, let me make one thing clear. I do not want to get in debt. Nope, but I want to be able to have the credit available to me if I wish to use it. Now the mortgage is a whole other scenario. I will be searching for MY dream home.
Here is to Financial freedom J
