You can accrue a low credit score in a surprisingly short amount of time. Through the use of multiple credit cards, we can easily rack up some shockingly high bills, especially when we aren’t filtering our spending habits. Sure, that new refrigerator that you purchased has a great stainless steel finish- and it was on sale! However, fringe purchases like this can swiftly impact your credit score. After all, since many credit cards have such high interest rates, it can make you get into the “red” real quickly. Thankfully, there are several ways that you can successfully rebuild your credit rating.

Credit Building Tips

We’ve compiled some useful tips that can help you build your credit rating to a respectable degree:

-Pay your credit card bills on time. Consistently doing this will help you easily establish a positive reputation. Best of all, it’s the easiest way to rebuild your credit rating!

-Maintain an organized schedule of your bill due dates and payments. To bolster your credit rating, keep track of these dates and adhere to them strictly! By doing this, you’ll avoid missing any bill payment dates.

-Don’t be tempted to apply for extra credit cards. If you have too many credit cards under your name, it can have a negative impact on your credit rating.

-Sign up for a new, contracted cell phone plan. By making an official commitment with a popular phone carrier, it can help show creditors that you are reliable enough to pay off your future debts. It will take some time, but it can be very beneficial- just continue to pay off your monthly bills. These companies will likely report your timely payment habits to creditors, so be sure to keep up that good reputation!

For a free consultation regarding your debts, contact Clear Debt Solutions. These Certified Credit Counsellors are experts at handling a wide variety of debt issues related to credit cards, loans, lines of credit, store cards, outstanding invoices, late payments, collection agencies, aggressive legal collectors or high interest institutions. If you want to learn more about them, check out cleardebtsol.com.