Given it's resolutions time, people are probably taking a close look at their finances to make some positive changes in their financial outlook. There's a reason you see so many fitness equipment deals
right now, because merchants knows that this is the time when people make big plans for the following year, only to often have those plans fall apart come March.
When it comes to something like credit repair, it's not something that you can hope to do over a few months, so quitting in March isn't going to help you any. It's the cold, hard truth: even if you employ these tactics listed below it could take years before your credit rating reaches an attractive level again--especially if you happen to be well below 600. If you plan to buy a house in the next couple of years, or other major purchase, this is definitely something you need to be thinking about right now.
A poor credit rating is like a snowball--it'll raise your interest rates on current and future bills, leading to burdensome debt, which can then tank your credit rating further. It can get to the point where you might not even be able to rent an apartment, as more and more outlets are checking a credit rating to gauge whether or not a person is responsible--even job interviews.
So let 2010 be the year you start to get this under control.
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