The 10 most common mistakes borrow

Most people do not discover their error until it commits. With the credits, this situation is no different. Practical knowledge on interest rates and loan accounts was never taught and therefore, if we acquire a loan, are not exempt from making mistakes. So let's review the list of the 10 most common mistakes when we asked our credit. 1.-The closure of your account from your credit is a fundamental factor for a poor score on your credit history. Resist the urge to close your account, it will be a bad precedent for the future if you getting new loans. 2. Do not lower your credit limit (although this seems a responsible measure) since this will lower coheficiente also its solvency. 4. Do not apply for multiple loans thinking that maybe I can juggle them to take advantage of the debt transfer 0% interest. That does not work. The lower multiple borrow your credit worthiness and will increase the interest rate.

5. Apply only the amount of credit you can afford. One of the most common mistakes is to transfer the credit limits that can afford to live in permanent debt. This will eventually be penalized by the mortgage company. 6. Failure time of amortization is another error that is very common in this context. Make payments for your refills on time. Timely request with frequency 30, 60 or 90 days to make this replacement as a client shows insolvent and this reputation can remain on your record for seven years. 7. It reports regularly check their accounts could bring unpleasant surprises, because a mistake can cost you a lot of outside money. Verify that your statements are correct and claim immediately if there is an inaccuracy. 8. Do not stop paying the costs of any legal dispute with your creditor, however small they were. Your credit score will drop 100 points if you do this. Instead, ask for an investigation, save the evidence and go to the relevant bodies. 9. The third actors to appeal to the claim of disputes is another error that should not fall.

This only makes things worse, since they live to cause, lengthen and complicate the process demands that often have no relevance as to become grounds for litigation. 10. Make use of a repair service debt is another measure nonsensical since there are legitimate ways to repair their credit clarify errors by making a payment plan, etc.. In the best cases these services take several months to get a result and sometimes resort to using illegal methods. So if you have a complaint, it is preferable to do it yourself, so you are sure that you are not committing any irregular act that could cost dearly.