If you’ve been trying to apply for credit or even other products that don’t really refer your credit score, you might be surprised at the amount of rejection heading your way. Some people feel that rejection is just part of life, and they will never get credit again. However, in order to figure out how to get credit, you’re going to have to make sure that you really do focus on the good that can come out of such a situation. You want to always be thinking about how you can make the situation more positive. And that means that you get to read the fine print.
You see, if any company uses your credit report in order to make a decision on whether or not you have access to a service, you can get a free copy of your credit report. In fact, if you’re going to make lemons out of lemonade, getting a free copy of your credit report is the best way to do it.
After all, you probably want to figure out what’s in your credit report, right? And that means that you have to request the free copy.
This is not something that you can do on the phone, even though that would be more convenient. Youíre going to have to type up and print out a letter to get sent to credit bureau that provided the information. The letter that you receive from the service company will let you know where they got the information.
Its’ going to be up to you to request a copy> Does that mean that you don’t make photocopies? Absolutely not — you will need to keep a copy or two for your records.
In addition to these points, you must make sure that you send your request Certified Mail, return receipt requested. No matter where you are in the world, getting a paper trail of what’s going on in your finances is always the best way to go. You never know when those documentation points will come in handy. You should also set up a file in your office that includes all of your finance research.
If you were trying to apply for an unsecured credit card, you might have to go with secured credit cards and other loan products in order to raise your credit score. Cell phones are the same way — a prepaid phone helps you get phone service when you need it most. The fees might be a little higher, but the convenience of avoiding credit checks might outweigh this for you.
Your financial blueprint depends on getting as much information as you possibly can get. So if you really want to make sure that you focus on the bigger picture, you’re going to need to make the most out of those rejection letters!