Credit: How It Works and How To Rebuild Your Score

Credit is an important part of life. Understanding how it works and how to rebuild your credit score can help you take control of your financial future.

Your credit score is a three-digit number, ranging from 300-850, that lenders use to determine your eligibility for loans and the interest rate you’ll be charged if approved. This score takes into account factors such as payment history, amount owed, length of credit history and types of credit used when assessing risk. To maintain or improve this score it’s important to pay bills on time, reduce any outstanding debt and monitor your spending habits.

Improving a low credit score may feel daunting but there are steps you can take to help turn things around. Start by obtaining copies of your credit report from each of the three main bureaus; Experian, TransUnion and Equifax.

The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706