Top Credit Care

Errors are more common than you might think. And if you have items on your credit report that aren't 100% accurate, entirely fair and fully substantiated, you want to consider credit repaireither do-it-yourself (DIY) repair or by hiring a professional. A Federal Trade Commission (FTC) study found that 1-in-5 consumers have an error on at least one of their credit reports. You can check your credit reports for errors by getting free copies every 12 months at annualcreditrepor...t.com. Your credit report card shows where you stand in the five key areas that make up your scorepayment history, credit utilization, account mix, credit age and inquiries. Your report card also gives you tips on how to improve your standing in each area if needed. And checking your report card and score doesn’t hurt your credit in any way. At Top Credit Care, we can help you to repair your credit. Visit us at http://topcreditcares.com/

How to improve your credit score? Basically, the way to improve your credit score is to show that you can reliably pay back your debts. To do that, you need to build a good credit history over time take out small to medium sized debts and pay them back over time.

What Is Credit Utilization? Credit utilization is the ratio of your outstanding credit card balances to your credit card limits. It measures the amount of credit limit you are using. For example, if your balance is $300 and your credit limit is $1,000, then your credit utilization for that credit card is 30 percent. If you’re adding $500 per month of new charges on your card and your limit is $1,000, you’ll have a utilization rate of 50 percent.... To calculate your credit utilization, simply divide your credit card balance by your credit limit, then multiply by 100. The lower your credit utilization percentage, the better. A low credit utilization shows that you're only using a small amount of the credit that's been loaned to you. Credit utilization has a big influence on your credit score, so you should know what it is and how you can manage it to get the best credit rating and the benefits that come with it.

Good credit = More opportunitiesGood credit = More opportunities

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What if I can’t get a credit card? Banks and other companies offer secured credit cards. This means you deposit money with the bank. Then you spend that money by using the secured credit card. A secured credit card works like a debit card. You use your money, not a loan from a bank. A secured credit card can help you build your credit history.