Credit Repair + Debt Elimination = 800+ FICO® Score Credit Report

Ignoring Your Debts Will Make Your FICO® Credit Score and Credit Rating Free Fall.

Ignoring your debts won’t make them go away.

As much as you would like to think of something else, the fact remains that you cannot address the situation without facing it.

If you put your head in the sand, then someone is going to come along sooner rather than later and give you a big kick in the butt and it’s going to hurt because you won’t see it coming.

That kick will come from a creditor who you have failed to contact, in order to work out an arrangement for payment of an outstanding debt or possibly even the bank with a notification of a pending foreclosure on your house.

You might find yourself getting a notice of eviction simply because you didn’t contact your landlord to make a payment arrangement while you get your finances sorted out with multiple debt solutions.

You need to face the facts that you have a problem and then set yourself goals to resolving the problem. Problems that are left unattended, will usually present themselves as bigger problems in the near future, so today is the day that you need to start looking at your debts and debt elimination.

Taking action now can result in savings of interest and late payment fees, not to mention stabilizing or maintaining your FICO® score. People who have money generally pay less than those who don’t because they are able to pay debt on time and don’t have to fund the additional expense of late payments in one form or another.

There is one thing that is certain and that is the fact that people who owe money might forget what they owe but those who are owed always know how much is due, so even if you might prefer to forget the debt, rest assured that your creditors won’t.

Also - more often than not, a creditor will adopt a far more positive attitude towards you if you explain the situation you are in and let them know that you are currently working towards debt elimination and full and final payment of the debt as soon as possible.

Communication can do wonders for your debt reduction program, not to mention your FICO® credit score, your credit rating, and your credit report.

Dr. Robert Miller, PHD
Investigations Analyst
www.TheCreditRobbers.com

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Credit Repair + Debt Elimination = 800+ FICO® Score Credit Report

FICO® Score, Controlling Your Debt, and Your Credit Rating.

It is a great feeling to get on top of your debt and know that you are able to make all your payments each month and not have to worry about debt collectors or paying for your groceries, but now is not the time to stop doing the things that have helped turn your life around, not to mention your improved credit rating associated with your elevated FICO® score on your credit report.

You will have become accustomed to using a budget to get your life in order and take control of your money and this budgeting should continue so you can move to the next level where you have additional money that can be used for investment and adding security to your life as you age.

You will probably have a different outlook on life where you understand the difference between wants and needs and as you will have experienced the lows of constant financial stress you will not want to go back to the misery of your past and your sinking credit rating.

As you continue along the proven path to financial security of reducing debt and managing the daily flow of your cash, you will gain a lot more freedom to build wealth, rather than focusing all your energy on reducing debt. It is a more positive phase in your life and you will see how much the debt encroached on your lifestyle and freedom.

You should have adopted an attitude whereby you will only ever spend less money than you earn and where you will never buy luxury or non essential items if you have to go into debt to get them.

You will only consider debt if it is to buy an appreciating asset that will deliver you more return for your money than the amount you are paying in interest.

This new attitude will also include better time management skills and that in turn will give you more time to do the things that you like.

While those times of excessive debt are extremely hard to handle, the process of reversing your monetary situation is an education that will set you up for better things in the future.

With an elevated credit rating with the FICO® score on your credit report, you will be afforded the lowest possible interest rates on credit cards and insurance to any mortgage that you should acquire.

Dr. Robert Miller, PHD
Investigations Analyst
www.TheCreditRobbers.com

Contact Us: Send a FormMail Message

Credit Robbers Blog Home