Are you trying to fix your credit?
By Chad Ronning, Conventional, FHA, VA, USDA
(Guaranteed Rate Mortgage)
There are a lot of people out there that have gone through the financial ringer in the last few years from losing their jobs to surviving a divorce only to have a bankruptcy, foreclosure or shortsale and are now in limbo as they wonder how their ever going to fix their credit so you can start living again? Are you one of the many people that fit this scenario above and are you trying to fix your credit? Here are a few pointers for you to help get you started: Apply for credit card with a reasonable limit Buy something for approx. $100, and pay back in 2 months Do it again, and make sure to pay on time! 4 credit trade lines will be needed to obtain a mortgage typically but this is starting to losen up 12 months of activity are needed to develop credit history If you are you trying to fix...
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