Part two on credit from Maureen Francis
click here to get a correct look on what to do and not do after having some problems.
a snippet from the article
Many people that have over used credit, and gotten into payment trouble, make one gigantic mistake – they stop using credit all together. If you have a recent history of late payments to creditors (or a long ago history) the one thing that will improve your credit score is to re-establish that you are willing to repay lenders you owe money to. The only way to do this is to utilize credit and make your payments on time. One year of perfect payments on 2 or more credit lines will go a l o n g way towards improving a bruised credit score.
Written by Ken Mascia
Oxford Financial Corporation
Birmingham, Michigan
248-644-1200
