Welcome to 724Credit.com!
We’re here to help you learn about personal finance. 724Credit brings you comprehensive and in depth information about everything related to money, budgeting, paying off debt, saving to do the things that you love and more.
One thing that we really like to help you out with is understanding credit cards and how to use it to improve your financial situation – not make it worse.
Whether you’re deep in debt or pay off your credit cards every month, your credit history and credit score are vital to many financial transactions you make every day. Your credit score can determine the rate of interest that you secure on loans such as mortgages and car loans, and it can even determine whether you get hired for a job or how much you pay for car or home insurance.
Having the highest credit score possible will help your financial bottom line.
No matter where you’re at financially, you’ll find a wealth of information to help you here at 724Credit.com.
Improve Your Credit Score
If you have a credit score that’s lower than you would like, we’re here to help you learn how to improve it.
If you’ve filed for bankruptcy previously, or if you have charge offs, you likely know reestablishing your credit can be difficult. A secured credit card can often be a tool to help you prove your credit worthiness. If the lender also reports to the three credit bureaus, using a secured credit card can help you improve your credit score.
Likewise, knowing how long negative items will remain on your credit report is important. Striving to improve your credit and showing credit worthiness may convince creditors to give you a second chance, even if you have less than desirable credit.
If you still qualify for credit but have a lower credit score than you would like, you can take steps to repair your credit or hire a credit repair service. The process isn’t quick, but within a year or two of conscious effort, your score can improve greatly, making it easier for you to qualify for important loans like a mortgage.
Fix Your Credit
Often times, you’re credit score is low through no fault of your own. Some estimate that 4 out of 5 credit reports contain errors! Those errors can be minor, but many of them are more serious such as showing you owe money on a student loan that was actually paid off years ago, which can lower your credit score.
If you find an error on your credit report, simply follow our step-by-step guide to fixing errors on your credit report.
724Credit is here to help you learn all you need to know about managing your credit, using it wisely, improving it, and gaining the highest credit score possible.
This website is intended to provide general information only for educational purposes. If you require specific advice in relation to any legal or financial matter you should consult an appropriate professional.