Bad credit often feels like a vicious circle. While you have a bad credit rating, you can’t get credit. Without credit, you can’t build up your credit rating.
You get a lot of advice on “doing the right thing” but nobody really gives you the advice you need to even start “doing the right thing.” You need a plan to tackle debt. You can’t just give up all the cash you have and hope it gets better because it never does.
Debt May Or May Not Be Your Fault – It Doesn’t Matter
There are a lot of people out there who love to blame people for their debts. I don’t and I won’t.
I know that everyone’s story is unique. I know that we are all human and we all make mistakes.
I also know that many people are in debt because they tried to do the right thing. A hospital bill, a child’s care bill, a car accident, there are millions of ways to end up in debt.
It doesn’t matter if it was or wasn’t your fault.
Here’s what does matter: getting out of debt and getting your life back.
The bank doesn’t care if you were doing good or bad with the money you borrowed. It just cares about getting its money back.
That means you need a plan. So, this is what you should do:
Get A Free Credit Report Card From Credit Sesame
There are lots of free credit score tools out there and I like them all. If you can work out where your problems are – you can start to make your problems, go away.
However, Credit Sesame is better than any old credit report and for many people, it’s a lifesaver because it does much more than give you a credit score.
It Tells You How To Fix Your Credit Score
Credit Sesame’s free credit report card begins by explaining where your biggest financial issues are and it does so in a language you can understand. That’s important because so many places dealing with finance end up talking like lawyers and they leave us normal folk behind.
Then it tells you what you can do to remedy each problem. This is done taking all your problems into account. So, what you end up with is a fully tailored report that outlines your problems and the actions you need to take to fix them!
Also, did I mention that it’s free? Yes, 100% free. So, you don’t need to worry about adding to your debt while you generate that report card. It’s why I like to recommend Credit Sesame as the first port of call for someone looking to get out of debt.
Always Know Your Credit Score
Everyone should know their credit score. Everyone should keep an eye on it – even if you have good credit. Credit Sesame’s free credit report is a great tool to help you keep an eye on your finances and an even better one if you need to get out of debt.