Edward Jamison

I messed up my credit. What do I do now? Edward Jamison

I applaud you for acknowledging that your credit is messed up. The first step is educating yourself on the credit laws. Like, the Fair Credit Reporting Act and Fair Debt Collection Practices Act. These are just a few laws that you should make sure that you are familiar with. By understanding credit and the credit evaluation systems, you'll be on the right path to realizing your goals and making good decisions. Start now, and your good credit will give you a financial advantage with better loan terms, lower interest rates, and greater financial opportunities down the road, especially when you want to buy a home. Remember that no credit score lasts forever. It changes over time, so you can improve it over time. Every time you make an on-time payment, lower a balance, or pay off debt, you add another entry to your credit report. Managing your credit well will ultimately result in a higher credit score.