An experienced beauty salon owner and manager, Renell Shorter has driven operations at Credit Diva of Dallas, Inc., in McKinney, Texas, for nearly 20 years. In her role at Credit Diva of Dallas, Renell “Rae” Shorter provides clients with support in areas of credit repair.
Repairing bad credit can be a lengthy, complex process. Fortunately, there are several steps an individual can take towards rehabilitating a poor credit score. One of the more obvious ways to improve credit is to make all scheduled payments in a timely manner. In some cases, something as simple as setting up payment reminders can prevent a person from further damaging their credit as the result of delayed payments.
Minimizing outstanding debt is another strong step to take towards an improved credit score. Of course, paying off debt is not always such an easy task to accomplish. However, refraining from using credit cards during periods of significant debt can help individuals avoid exacerbating the issue. Individuals can use their credit report and other resources to determine their exact state of debt and, subsequently, develop a realistic payment plan.
Lastly, individuals and families must appreciate the fact that rehabilitating a bad credit score takes time. Certain missed payments and financial occurrences, such as bankruptcy, will stay on a credit report for up to a decade. A person should be wary of any service or program that claims to significantly improve a credit score in a short period of time.
