Caring for Your Credit: Contacting Your Creditors

Now that we have a budget in place... The next step is Contacting Your Creditors.

Contact your creditors immediately if you’re having trouble making ends meet. Tell them why it’s difficult for you, and try to work out a modified payment plan that reduces your payments to a more manageable level. Don’t wait until your accounts have been turned over to a debt collector. At that point, your creditors have given up on you.

Your credit report will show you the contact information for each of the creditor accounts in your report. If you didn't get a copy of your credit report yet just go back to the Step #01 blog sent over and follow the steps: it's FREE!

*As always, we are not a licensed credit repair company. The information included in this email is meant to be educational in nature. Most information was acquired from However, if you'd like us to recommend a credit repair service just let us know. We have a couple repair companies that are very good and charge a nominal monthly fee.

Post a Comment