#myfico

Presupuesto, el FICO y sus Deudas en lo Mejor de Potencial Millonario con Felix A. Montelara en Audio Dice Network

Por: Ramsey Solutions

Si ha escuchado a Dave hablar durante más de 60 segundos, sabe exactamente cómo se siente con respecto a la deuda de la tarjeta de crédito. Lo odia.

¿Pero realmente sabes por qué?

No hay una buena razón para tener una tarjeta de crédito. A pesar de lo que los comerciales, los voceros de celebridades y los Joneses de al lado le dirán, el uso responsable de una…

4 Steps to Overcome the Credit-Flu

Being a Christian you sometimes find yourself numb to poor credit scores or quickly adjusting on the fly. What we must know and understand is that thousands of families have experienced credit denial rather it be credit cards, housing, or auto loans. Do not, I repeat, DO NOT let your carnal mind talk you out of becoming financial healthy.

Often times when we talk about credit we like to get what I call the credit flu. That feeling where your nauseous, fatigued, and physically weak. Instead of getting the proper doctor prescribed medicine we will settle for the over the counter remedies. Those over the counter remedies such as quick credit fixes and disputing every negative item can result in lower credit scores. This can develop into depression while becoming financially and spiritually broken. Even if you get to the bottom and feel broken all is not lost. We must take capture of our negative thoughts and adjust our thinking, get organized, and assign a purpose to every penny.

What I, Naima-Ra Johnson (Coach NaimaJ), would prescribe is a long-term treatment, not a quick fix. I have a flu shot with no side effects that will repair the spirit, strengthen the family, increase your scores, and allow you to live in your purpose that God has assigned you. Remember healing is a process, exercise your faith, and patiently await increase.

Do not become anxious, repairing your credit may take as long as 2 years. "That is why I tell you not to worry about everyday life—whether you have enough food and drink, or enough clothes to wear. Isn't life more than food, and your body more than clothing? Look at the birds. They don't plant or harvest or store food in barns, for your heavenly Father feeds them. And aren't you far more valuable to him than they are? Can all your worries add a single moment to your life? "And why worry about your clothing? Look at the lilies of the field and how they grow. They don't work or make their clothing, yet Solomon in all his glory was not dressed as beautifully as they are. And if God cares so wonderfully for wildflowers that are here today and thrown into the fire tomorrow, he will certainly care for you. Why do you have so little faith? "So don't worry about these things, saying, `What will we eat? What will we drink? What will we wear?' These things dominate the thoughts of unbelievers, but your heavenly Father already knows all your needs. Seek the Kingdom of God* above all else, and live righteously, and he will give you everything you need. (Matthew 6:25-33 NLT)

Are you ready to tackle your credit reports?

Are you ready to become financially and spiritually healthy?

Step One: Acquire Your Credit Reports

Obtain a current credit report from each credit bureau: Equifax, Transunion, Experian. You can get a free credit report through www.annualcreditreport.com report for free each year. I suggest you start monitoring your credit report through MyFICO. MyFICO products allows you to monitor your credit reports from each bureau. With their credit monitoring services, you will receive accurate and up to date FICO scores. By monitoring your credit report, you will also be able to see changes as they occur.

Step Two: Exercise Your Faith

Anxiety will blanket the truth about your finances and credit. You must look past your current circumstances, gain strength through the Word of God. Lien not on your own understanding, cast your cares on God and take action. Everything belongs to God, He will give you the resources, patience, and desire to become financial FREE! The moment you pondering on your past mistakes you will find anxiety. Your emotions will tell you it is too hard and abort the plan. God wants you and your family to be free from worrying and poor credit characteristics.

Then Jesus said, "Come to me, all of you who are weary and carry heavy burdens, and I will give you rest. (Matthew 11:28 NLT)

Set aside time daily to exercise your faith and rest knowing God’s plan will lead to prosperity and freedom.

Exercise your faith before you create your credit recovery plan. Ask God to give you strength and clarity as you embark upon your new season of prosperity. Plan for emergencies, this will help you avoid depression.

Step Three: Get Organized

Audit each section of your credit report. You are more than likely to miss inaccurate information if you rush the process and try to audit your credit report in one day.

Getting organized is crucial to repairing your own credit. Disputing inaccurate items on your credit report can be confusing however if you stay organized you will be able to dispute in a timely manner. I suggest using three different highlighters one color for Equifax another color for Transunion and the third color for Experian.

Step Four: Auditing

Step four, it is time to start digging into your credit reports. If you are unable to obtain all three credit reports that is OK you can still look for inaccurate information on one credit report. However, I highly suggest getting all three credit reports from www.MyFICO.com. This will allow you to correct all inaccurate information on all three reports. This is very important especially if you are going to make a huge purchase in the near future.

I remember when I was feeling lost about my finances and credit. I didn’t even know where to begin. I actually didn’t even think the basics would even work, but I had to start someplace. Step one, I ordered my Equifax, Transunion, and Experian credit reports from MyFICO just to face EXACTLY where I was. I also ordered my FICO scores from www.myfico.com. After that I quickly realized that I have things a little bit more under control than I first thought. Sometimes this first step is the hardest, but it sure feels good after you do!

I carefully read each section of the credit reports while looking for inaccuracies in the reports. More importantly, I gained an understanding of the credit report and terms. Studying my credit report was actually something I had never done before until I was in my early 30s. You actually would’ve thought I went back to elementary school and did not know how to read. The MyFICO Community and glossary help me comprehend the information that was provided on my credit reports.

Once I was able to fully comprehend everything that was on my credit report I begin to audit every section of all three reports. This allowed me to look deeper into the information that was provided and how it was reported on my credit report. By doing a deep analysis and taking my time I saw the mistakes that I made with my credit and finances. I was also able to identify the errors Equifax, Transunion, and Experian was reporting.

Things you should look for when auditing your credit report: Personal Information Open Accounts Closed Accounts Collection Accounts Public Record Inquiries

I was able to have a better understanding of how credit scores work. It was actually a turning point in my life from then on I became a “credit junkie”. I was talking about credit and finances like it were my second language. I attended webinars, acquired a credit library of books, and developed a 12 step program for me and family.

I would scream and jump for joy each time I had a score increase. I viewed my FICO Scores every day. (It is not necessary to review your scores daily. MyFICO monitoring services will send you notifications when changes occur.) I use to close my eyes every time like a child watching scary movies. I would open my email notifications like it was in an acceptance letter from an Ivy League College.

When you start your credit recovery journey remember to stick to the basics. Research credit terms like: charge off, medical collection, tax lien, and etc. Learn how to read your credit report as if you were studying for a test. TAKE YOUR TIME, remember your scores will not change overnight. Create a credit plan that is divided into 4 phases:

Phase ONE: BUDGET, order credit report or get MyFICO credit monitoring service

Phase TWO: Identify errors, create a debt repayment plan, contact lenders by mail if needed

Phase THREE: Pay down open accounts

Phase FOUR: Send dispute letters (if needed), send settlement offers (if needed)

You will fastly gain passion and a greater understanding of stewardship and credit. You’ll learn how to obtain good credit characteristics and understand how stewardship plays a huge part in achieving a high credit score.

Credit Monitoring Account Lets You Manage Your Financial Goals with Ease

Our lives and this world depends largely on money; whether it’s in the form of credit, loan, mortgage, or actual cash, everything you buy or aim to own depends on you having money in some form. And a lot of the times, having money also depends on your past history with it, in the form of your credit scores. You need to be on top of your credit scores if you wish to do anything with your life, so…

About a week ago I decided to check all three of my credit scores and reports with MyFICO.  I plan to cancel the subscription before it renews for month 2.  I honestly should have waited at least another month so that I could see my Graduate Plus student loan payoff reflected on my report.