Credit Counseling6 steps to Reestablishing good credit. Bad credit can happen to good people. Don't despair. There are ways you can get your credit back in shape. But you have to start working on it today -- and keep working hard to show potential creditors that you're serious about getting your credit back in order. As you do so, your credit score will improve, resulting in better credit offers and a substantial savings in money. Find Out Where You Stand You have taken the first step toward rebuilding your credit. Now it's time to take the next. Do you know where your credit stands? Find out with Score PowerŪ. It includes your FICO Credit Score, the score used by more creditors than any other to judge you as a credit risk. Be Patient-the Payoff Is Worth It It takes some time for your new credit history to gain momentum. You're demonstrating that you are not depending on certain credit cards and loans for your financial survival. That's why opening and paying down accounts may make it a little easier to get more credit. With patience and timely repayments, you'll likely be able to build a new credit history that creditors will look upon favorably when making decisions about your ability to handle even more credit.
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