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
