Many credit card issuers offer a variety of rewards such as purchase discount, casback, low credit cards interest rates, etc. Of course, we are pleased with the offer. We will find things that benefit us without increasing expenditures.
But generally the reward offer is for those who have a good credit score. The better your credit, the more rewards you can get. Conversely, for those who have bad credit score, chances to receive an credit card reward offer is very small.
So the first step for those with bad credit is to improve the credit score. Before you apply for credit cards with a variety of prizes, you first need to do is fixing your bad credit. Your credit must have a high rating, which is 720 more.
The question is how to improve bad credit quickly. What steps should you do to improve your credit rating.
Actually there are several methods you can choose to fix your bad credit. One of them is reducing credit debt quickly. You can run this way yoursef. You do not need to call a consultant that is also need cost.
First, you need to know why is your credit score bad? What are the causes of the decline in your credit score? To know these things, you should request a copy of your credit report to credit reporting bureaus. You'll find out how is your credit payment history? Are bills always smoothly or there is also a late payment?
Second, check your credit report carefully. Is there any data errors in the report. If so, you need to request that incorrect data is justified. You have to clean up your credit history report from a variety of data errors. Therefore, data errors will cause a decrease in your credit score.
Third, you need to plan ways of improving your bad credit. For example, how the payment of the balance due? How long did it take you? How much money will you pay each month? This credit enhancement plan will make you always act in accordance with the target discipline.
Fourth, you must pay the monthly bills of your outstanding balance on time. You should never pay late. If payment of bills is late, you will be charged a late fee. Of course, this adds to your expenses. In addition, the late payment will also lower your credit score
