Live Richer Challenge-Credit, Money

Decoding the credit score

Credit Score and reports

So I was able to sit down with my report and credit score and get a game plan on what to do next. I had 60k in debt most of it was student loans and I had nothing much helping my score beside the fact that one of my accounts was ten years old.

With the report and scorecard, I went here to get an idea on what I was looking at.

I’m on day 7 and had a chance to sit down and check out the video below.

The Goals

 I realized I had literally no Credit cards to help my credit look as if I have different types of debt  I paid off my final credit card bill back in February and closed my account  I also wanted to get a small loan through Self Lender but thought I could get that later on in the year. I love Transunion and Experian since they tell you when you expect it to fall off your report and I didn’t have to open an unnecessary dispute with them.

 

Auto Pay

I opened a separate bank account and have transfers set up on my due date to have all the bills to be paid on time, I am setting up two small things to be paid for with the credit card a month. I used this packet to jot down my debt lowest to highest and to make a note on which I can come up with a payment agreement, or a payment plan as well.   I used this as a side by side with the book.

Check out the previous post 

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About KayDarden

My name is Kay, I am a Proud Texan, Mom of 2 genius babies lol and a Fur-mom. I love Fashion, Tacos & shoes. But I have realized over the last few years I am a serial dater I have stories for days most are crazy, sexy cool lol. I started sharing them with friends a few years back and thought it would be neat to journal my lessons on my blog. On my blog, you get a view of crazy dating scenarios and the lessons I have learned from them all, Fashion ideas, and also my frustrations since I chopped all my hair off and went natural.
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