A Debt Consolidation Loan Online And Your Credit Report

0 views
Skip to first unread message

Thomas Erikson

unread,
May 9, 2013, 1:05:03 AM5/9/13
to publish-the...@googlegroups.com
*****************************************************************

Message delivered directly to members of the group:
publish-the...@googlegroups.com

*****************************************************************

Please consider this free-reprint article written by:
Thomas Erikson

*****************************
IMPORTANT - Publication/Reprint Terms

- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.

- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.

- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.

- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.

- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=129796

- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=129796

- We request that you ask permission from the author if you want to publish this article in print.

The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************

Article Title: A Debt Consolidation Loan Online And Your Credit Report
Author: Thomas Erikson
Word Count: 506
Article URL: http://www.isnare.com/?aid=129796&ca=Finances
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=129796

Easy Publish Tool: http://www.isnare.com/html.php?aid=129796

*********************** ARTICLE START ***********************
If you are contemplating applying for a debt consolidation loan online, you may be worried about your credit rating or credit score and your credit history as well as your credit report. If your credit rating is less than perfect, you may end up facing some limitations as to where you can obtain a debt consolidation loan online. In addition, the interest rate attached to a debt consolidation loan online will be higher if your credit history is not great and your credit score is not high. This is the case even though a debt consolidation loan online is intended on many levels for a person who has a less than ideal credit history and a far from stellar credit score.

Fortunately, there are some actions that can be taken by you which will work towards bettering your overall credit history and which will increase your credit score. You actually need to take these various steps towards improving your credit history and raising your credit score before you apply for a debt consolidation loan online. By taking these steps, you have a better chance of gaining approval for a debt consolidation loan online. In addition, you have a far better chance of obtaining a favorable interest rate on a debt consolidation loan online.

The first step you need to take towards bettering your credit standing is a thorough review of the credit information that is maintained on you by the three major credit reporting agencies. You need to keep in mind that a significant majority of credit reports contain erroneous information that negatively impacts a person�s credit history and score. By correcting any errors or incorrect entries that might be found in your credit report, you will be able to clean up your credit history and raise your credit score. Once again, this will have the effect of making it easier for you to obtain a debt consolidation loan online with an interest rate that is reasonable.

The next step that you will want to undertake in regard to cleaning up your credit history and raising your credit score in advance of applying for a debt consolidation loan online is making certain that all of your revolving and charge accounts are current. Late payments on these types of accounts can significantly impact your overall credit standing -- this works to damage your credit history and this works to lower your credit score.

Another step that you will want to take when it comes to improving your credit standing in advance of applying for a debt consolidation loan online is lowering your outstanding debt to credit ratio. If you have a number of different credit cards, you will want to pay down these balances and end up with available credit on these accounts. The credit reporting agencies look favorable upon a person who has available credit that is unused and this will impact your ability to get a debt consolidation loan online with a reasonable rate of interest.


About The Author: Thomas Erikson is co-founder of http://www.your-debt-consolidation-loan.com which provides debt consolidation information and solutions. Find out how you can quickly and easily get your finances under control with a Debt Consolidation Loan Online.

Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=129796
*********************** ARTICLE END ***********************

- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Reply all
Reply to author
Forward
0 new messages