Improve Bad Credit a Little at a Time
Let’s face it. Once the game of life throws you curves and knocks your credit rating out of whack, it can be incredibly difficult to recover. It may seem like you will never realize your desire to become part of that elite club of good credit people, or “Financial Barbies,” as Lisa Scottoline calls them in her enlightening and amusing column for the Philadelphia Inquirer.
The column focuses on Lisa’s battle to improve her bad credit rating, which she earned while charging (literally) her way to being a bestselling novelist. In Lisa’s case, she took a starter card with a low limit and paid off the whole balance each month. She then took a business credit card and was eventually able to enjoy some reward points with that.
Banks.com debt management blogger Jason Giacchino has also posted some great tips for improving or avoiding bad credit. It may seem an uphill battle at times, but persistence and diligence pays. Consumers - particularly those with bad credit - would do well to follow Jason’s advice and learn from the experiences of others like Lisa.
