This post is sponsored by Lexington Law but the content and opinions expressed here are my own.
Shortly after purchasing my home, the engine went out in my car. I was a single mom who worked, and I really didn’t have anywhere to turn. I had to drive my son to school daily because transportation wasn't provided, and of course, I had to go to work. I immediately applied for my first auto loan. I was super scared. However, I knew that I was trying to build my credit again after purchasing my home. I was able to get an amazing loan on my auto loan and purchase my dream car at the time. I never really considered the interest loan on a car until I looked at the total of the vehicle once the loan was paid off.
After purchasing my home and car, I returned to school. I had no idea that most people need their parents to cosign on the loan with them. I’ve met so many people who were unable to attend school because they didn’t have credit and their parents had bad credit. As a parent, this was truly an eye-opener for me. Had I not worked on my credit and received help, I would not have been able to attend college and apply for a better paying job.
This credit journey has taught me so much. Since maintaining good credit and receiving help. I’ve been able to work on a couple of home goals, and apply for a personal loan to make those dreams a reality! Of course, I have some not so fun stuff around my home that I need to tackle. However, I am ecstatic about getting my dream bathroom that I worked so hard for.
I’ve learned that people fail to talk about knowing when to get help with your credit. It’s never too late. If you don't do it for yourself, do it for your children or family. Below, I’m sharing a few tips that have helped me on the way.
Tips
Check Your Credit Report
- It’s so important to check your credit report periodically throughout the year.
- Once you check your credit report, have any inaccurate information removed.
Pay on Time
- Pay all of your bills on time.
- It’s so important and so easy to keep track of your credit. You can easily use a planner to track your credit and bills in addition to important dates in terms of the credit that you need.
- It’s so important to create credit goals, and have a plan for those goals.
- It’s so important to know when to get help no matter where you are on your credit journey.
Sign up to stay on top of your credit with help from the professionals at Lexington Law!