Building credit is a complicated process. In order to see a credit rating rise, it is first crucial to look through existing reports to see if there are any errors. From there, secure a credit card and begin making small purchases that are paid off regularly.
its not phisically possible
That's the highest possible.
Credit card rates are not based on geographical location,but are based on individuals credit rating. The higher the rating, the better(lower) the interest rate.
It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.
Collection agencies cannot restore your credit rating, all they can do is report if the debt was paid, or if a settlement was agreed upon. The credit reporting agencies are who you need to contact in order to get your credit rating restored, such as Experian and Equifax.
the best possible credit rating
its not phisically possible
No. Your credit rating will remain the same long after the bad credit has expired. In order to get a better credit rating, you'll have to obtain a credit card or loan of some sort. Making monthly payments and staying within the credit limit will gradually improve your credit rating over time.
That's the highest possible.
Your credit rating determines whether you will be approved for an auto loan or not, and at what rate and terms. Auto loans credit rating improvement suggestions include making sure to pay down as much outstanding credit card debt as possible, and to not apply for any new credit cards when you are about to apply for an auto loan. In addition, auto loans credit rating can be improved by checking to see whether there are errors on your credit report and then by contacting the credit bureaus to correct these errors as soon as possible.
Credit card rates are not based on geographical location,but are based on individuals credit rating. The higher the rating, the better(lower) the interest rate.
This all depends on how good your credit rating is. The better your credit rating, the lower the interest rates. https://www.lendingtree.com
You can obtain additional information about credit score rating and possible solutions at the following websites: www.bankrate.com/brm/news/credit-scoring/20031104a1.asp.
It is possible to buy a cellular phone if you have a bad credit rating. If you purchase a pay as you go phone, there will be no checks on you what soever.
It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.
When you have poor credit rating, you might have to be prepared to pay higher down payments and maybe higher monthly dues. But be prepared in all cases to be paying higher rates because of the poor credit rating!
Collection agencies cannot restore your credit rating, all they can do is report if the debt was paid, or if a settlement was agreed upon. The credit reporting agencies are who you need to contact in order to get your credit rating restored, such as Experian and Equifax.