Overcoming Credit Challenges

Take charge of your credit

Simple, practical steps without the fluff

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Your credit score isn’t some mysterious number that magically changes on its own - it’s a direct reflection of your financial habits. And the good news? You have more control over it than you might think!

Here’s the deal: 60% of people saw their credit scores improve just by monitoring them, according to a survey by All About Cookies. Here are simple steps to get your credit back on track:

Check your credit report and fix any mistakes

You can’t fix what you don’t know is broken. Head to annualcreditreport.com and grab your free credit reports from Experian, Equifax, and TransUnion. Spot any weird mistakes, like accounts you don’t recognize or outdated info? File a dispute ASAP. Catching even just one small error may likely bump up your score – worth it, right?

Budget smart, pay on time

Since your payment history accounts for 35% of your credit score, any missed payments may drop your score. But as you keep paying on time, your score steadily climbs.

Start by creating a budget that ensures you can cover at least your minimum monthly payments. List your expenses, prioritize essentials, and set up autopay if you’re forgetful (it’s free at Exeter!).

Pro tip: Pay a few days early for a buffer. Creditors love it, and your score will too.

Conquer late payments like a pro

Falling behind on payments? Don’t sweat it – there’s a way out.

·     Call your creditors – most are happy to help and may offer payment plans or hardship options.

·     Pay small balances first – knock out smaller debts for quick wins.

Pro tip: Avoid credit repair scams. There are no instant fixes on a low score – consistent monthly payments are the way to go.

You call the shots

You don’t need pricey services to improve your credit – just a few smart moves.

·      Check your credit report to spot errors.

·      Set a budget that works for you.

·      Chat with creditors to explore options.

Build good habits, and your credit score will potentially rise. You’ve got this!