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3:50 PM
Alexis P. Jones, The Credit DIVA
Having good credit is definitely a luxury in today's complex economic environment. Becoming more capable in your ability to finance simple every day items is not as easy as it used to be. Getting a credit card without owing a gazillion dollars requires strong credit history and strong income. But what if that is not the issue that is holding you back?
Maybe you are the type of person that only can afford or willing to pay the minimum balance on your credit obligations. You simply have fell into a habit of paying your bills late and often carrying a balance into the next billing cycle. In situations of this kind, it generally spells a train wreck on the way. The train wreck is usually that, the late 'habit' becomes later, and later and eventually, it collapses because the bills get out of control and the fees jast keep growing.
The is so-called "STIGMA" of late payment patterns and creditors make you pay dearly for it. It's called high interest rates and chintzy credit and loan opportunities that literally rob you bind! The only way to get out of this "STIGMA" and "RISE ABOVE" it is to restore the faith for yourself and your credit future. Your faith in yourself must become one with your efforts to improve your credit and that means taking aggressive action on what you do with your money.
Bad credit begins with the habits of your late bill payment history. Bad credit in totality has a sigma that is now becoming the norm as if its no big deal. I assure you if your not frustrated, you are caring much about your situation. Did you know that on-time payments create increased credit lines approved at those $5K and $10K approved amounts from almost any bank?
Here are three tips to stop being late on any credit obligation:
- Set-up alerts on your mobile device that remind your calender that a bill is due for X-amount on this ___ day and set-up the payment to post before you head out to work.
- Put all bill payment amounts for a given month in your checking account for "bills only" in advance of the bills to be paid so the budget is set before you start spending. You can do this on pay day and the bills are like paid before they are "actually" paid since the cash is designated.
- Pay all bills all at once irregardless of due date from your checking account and send payments from your bill pay. You can never go wrong with this because its done when you get paid and what's left, you manage your household with the difference.
Getting the whole paying your bills on time is a crucial habit that will reward you when you really need to borrow money. It sounds so incredibly obvious, but for some people it's not so obvious as they may be thinking of other things they would rather with their income when they get paid from their jobs.
The strategy of getting GR8T Credit is all about your habits and some smart tools that put you on top and in control of your credit recovery efforts. No one likes being told denied what they need when they need it most.
The next step in getting through hurdles like this is committing to yourself that you are worth the effort, promise and commitment to restore your credit.
If you need some help, we are happy to assist you! You can reach us by phone, email or even facebook messenger.
See you on the other side!
Cheers to your credit success!
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