Access to credit and loans may come easier than you expect, but that should also be a danger sign. There are several lenders who are willing to provide lines of credits or loans to people with poor credit. These options are often very predatory. If you’re simply trying to rebuild your credit history and improve your credit score, then there is no need to take this offers. If you’re in desperate need of a line of credit for an emergency, but have bad credit, please email us at info@magnifymoney.com for a tailored response.
Credit and debt go hand in hand. If you’ve faced challenges with debt, then it’s probably affected your credit, too. In many cases, you need credit repair to correct mistakes and errors in your credit report that you may have picked up along the way while getting out of debt. Just by removing these errors, you can raise your credit score instantly with each successful dispute. There are a few ways to repair your credit and a few things you should know before you get started.
Also for DIY credit repair, you need updated copies of your current credit report. If you haven’t obtained your free annual credit report that covers all 3 major reporting bureaus yet, then get them here absolutely free: Access your free credit report from the big three major credit bureaus, TransUnion, Experian and Equifax, all on one easy to read report.
You might be used to checking out at a store and being asked if you’d like to open a credit card. While these credit cards come with really high interest rates and are great tools to tempt you into buying items you don’t need, there is a big perk to store credit cards: they’re more likely to approve people with low credit scores. Just be sure to only use the card to make one small purchase a month and then pay it off on time and in full. Unsubscribe to emails about deals and don’t even carry it around everyday in your wallet if you can’t resist the desire to spend. Read more here. 
Delinquent payments, bad credit, and foreclosures usually mean high-interest rates and difficulty getting loans or mortgages. Lenders will consider you a high risk and will be hesitant to work with you. Changing your spending habits and cleaning up your credit report will help you get better loan rates and save you thousands of dollars in interest.

A trustworthy credit repair company will have no issues supplying you with complete access to all they work they are doing for you. They should be able to give you access to some form of secure online account where you will be able to track the progress they are making.  If you find the company cannot provide something similar to this, chances are they are not equipped to be handling your personal information.
Write the various reporting bureaus with the explanation of your circumstances and ask for removal of the item. If they are not willing to remove the information, you have the right under the Fair Credit Reporting Act to attach personal statement (up to 100 words in most states) explaining the circumstances. Depending upon the type of information reported by the bureau, your credit record and score may be affected up to ten years.

This move presents a chicken-and-egg problem: in order to increase your credit limit by adding a new card, you may need to improve your credit score first. Before trying to apply for a new card, first ask your current card issuers to increase your credit limit. There's often a "magic button" on card issuers' websites you can press to request a credit line increase.
In my article on using Excel to manage your life How To Use Microsoft Excel To Manage Your Life How To Use Microsoft Excel To Manage Your Life It's no secret that I'm a total Excel fanboy. Much of that comes from the fact that I enjoy writing VBA code, and Excel combined with VBA scripts open up a whole world of possibilities.... Read More , I included a section on managing debt which shows you how to use Excel to pay down your debt using a snowball approach.
Transfer your balance: If you are carrying a balance on your credit cards, you can kill two birds with one stone. If you transfer your balance to a new balance transfer credit card, you can increase your overall credit limit while also being able to pay down your credit card balance. Even better, find a credit card that offers a 0% intro APR for up to 14 months so you will have time to pay down your balance without being charged extra interest on it. These are some good all-around credit cards with a 0% intro APR for balance transfers.
Credit repair refers to the process of disputing mistakes and errors in your credit reports. Each credit bureau maintains their own proprietary version of your credit report. They strive to maintain accurate information, but errors can occur. Credit repair is the process you use to correct those errors by submitting a dispute to the credit bureau that issued that report. If the information cannot be verified within 30 days, the credit bureau must remove the item you disputed.
Some of your creditors and lenders might report only to one of the credit bureaus. And, since credit bureaus don’t typically share information, it’s possible to have different information on each of your reports. Ordering all three reports will give you a complete view of your credit history and let you repair your credit at all three bureaus instead of just one. 
If you have missed payments, get current and stay current: the longer you pay your bills on time after being late, the more your FICO Scores should increase. Older credit problems count for less, so poor credit performance won't haunt you forever. The impact of past credit problems on your FICO Scores fades as time passes and as recent good payment patterns show up on your credit report. And good FICO Scores weigh any credit problems against the positive information that says you're managing your credit well.
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