Thank you CreditRepair.com for sponsoring this post. CreditRepair.com’s team understands that a credit score is not just a number; it’s a lifestyle.
If you haven’t been following long, let me catch you up super quickly. At 30 years old, I moved out of my parent’s house and bought my first home. I’ve been full time adulting on my own for 6 months. While it has been exhilarating, it has also been one of the toughest things I’ve ever done as well. So how did I get here and how am I managing?
The Lessons I Learned About My Credit Score
My entire 20s were focused on improvement in many different aspects. Two of my biggest areas of focus were my finances and my credit. At the time, both were extremely tied to my huge student loan balance. I started looking into buying property when I was 25, and had to face a hard unsettling reality. My improper use of credit, my minimal payments on my student loans, and my teacher salary all negatively impacted my credit score. All of those factors and then some, greatly affected how much I was pre-approved for, and what my interest rates would be.
Do you know what bad credit can cost you? I didn’t that’s for sure! I was under the foolish impression that if you make your monthly payments on time, then your credit would be good. I wasn’t keen to all of the factors that went into creating your holistic credit score. Needless to say by not knowing what affected my credit score, I also didn’t know how to increase it. With CreditRepair.com you don’t have to figure it out on your own. CreditRepair.com has a team of professionals who not only educate you about your current credit score, but provide empowerful assistance that allows you to achieve the credit score you deserve. If you know your credit and focus on repairing your reports you’re one step closer to living the life you want.
With focus and ingenuity I was able to earn an 830 credit score and pay off my student loan balance. How did I do this? I focused on using my credit cards wisely, paying them off on a monthly basis, and making large lump sum principle payments on my loans. With each large payment I was able to increase the gap between my debt to income ratio. One of the heavier criteria I didn’t even know existed prior to my dive into looking more closely at my credit score.
After I bought my house I knew that my work on my credit score wasn’t done. Now that I was aware of the factors that go into making a credit score, I was also more aware that I’d need to monitor it more carefully. CreditRepair.com provides its members a personal online dashboard to do just that. The technology used allows you to track your credit score and analysis, track your bureau interactions, and receive text and email alerts. The mobile app also provides you easy access to monitor your credit.
The more on top of it you are, the easier it is to spot any areas that can use your attention, or any errors that don’t look right. As a homeowner my credit goals have now shifted from getting good interest rates and approved for a mortgage. When I closed, my credit took a bit of a hit. Why? Simply because the ratio I mentioned earlier, shifted again. My debt to income ratio were no longer leaning in my favor.
So although I may not be in the 800 club for right now, your credit score is not written in stone. With my focus on financial responsibility, I know that I am simply more than a credit score. I’m taking the necessary steps (because let’s face it, our credit just won’t fix itself) to jumpstart my credit repair efforts. If you’re looking to do the same, CreditRepair.com offers a free consultation that can provides the services credit professionals to help to get you started.
Until the next time,
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Hey there! I’m Melissa, co-founder of Trials n Tresses, natural hair and beauty lover, binge tv watcher and lover of life. When I am not creating content for TNT, I’m busy teaching the future of society.