|
It depends how you want to go about it. The honorable way is very simple....not fast, but simple.
First you become debt free. That means you pay every current and past due account to a zero balance. If you have a collection agency collecting on a six year old past due account, pay it in full. This means no debt except your house payment.
After you become debt free, you open a few credit cards and responsibly use them. Responsibly means you use them as a convenience, and not a loan. That means you pay them in full every single month. Never ever carry a balance.
I followed this simple plan, and have achieved a 780 FICO score. That's not to mention the good feeling I always have inside because I'm debt free.
|
