Synopsis by Elizabeth Smith
While most consumers know how easy it is to develop credit problems, few know how to repair a damaged credit report and re-establish their name with creditors and credit bureaus. This video explains why it's so important for everyone to get in the habit of regularly reviewing their credit report, and how a person can go about trying to correct any perceived errors before they cause unfair damage. Additional tips are shared for working with creditors after falling behind with payments due to unemployment, sickness, or poor spending habits. Viewers will also find out how they can quickly obtain certain types of new Visa or Mastercard accounts, even when their credit history is poor.
credit, personal-finance, tips [advice]