Thursday, June 4, 2009

Tips From Bad Credit Loan Mortgage On How To Start Restoring Your Credit

Welcome to Bad Credit Loan Mortgage. You would not be here it you had an 800 credit score, so let’s dig in and see what we can to help you. Like all people in life mistakes are made, markets turn sour; the housing market a few years ago was going up faster than you could get a bid on a house.

You, like many other people were offered that dream of owning a house, or you wanted the equity out of you house and the stories go on and on. Then the bottom fell out of the market and you were upside down. Now, the economy has soured and many people maybe even you, have lost their job. So what do you do now?

Maybe, you ran your credit cards, or personnel loan to the max, and some have defaulted or you have multiple collection agencies’ calling. So what do you do now?

First, you need a plan. In order to tell where you are going you need to know where you are. So where are you? In order to find this out you will need to get a copy of your credit report, and as luck would have it CreditReport.com has a great offer going that will enable you to see your credit report from the big three. Check out the link I have provided you in the margin on the right called CreditReport.com.

Print two copies of this report, one as a mark-up and one for your records.

In the next article on Bad Credit Loan Mortgage, let us take a deeper look at the report you just printed. In the mean time, start marking the errors or areas on the report that need correction.

Michael