Improving your credit

Your credit rating is extremely important to your future, as it determines your eligibility to get any sort of finance, from a car loan or a personal loan to a credit card and even a mortgage.

In fact, you may find that unless you keep your credit on track you may not even be able to get rented accommodation through a private landlord, as many now run credit checks. Life can be very difficult for those with damaged credit, and therefore it is important to either keep your credit in check, or if you already have damaged credit to work on repairing the damage as quickly as possible.

The first thing to remember if your credit is already damaged is that you should avoid scams from companies that claim to be able to repair your credit. These companies often repair your credit only for a short period by querying your credit report, or they do what you could do yourself – go through your report and pick up on any mistakes or inaccuracies – but they charge you for the privilege. There is only one person that you should rely on to try and repair your credit, and that's yourself!

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