The Credit Repair Recipe

THE Credit Repair REOIRE 3 1/2 C 3 C I 1/2 T. Payment History Amounts Owed Length of Credit History New Credit YOU WILL NEED tsp. I T. Types of Credit Used PREPARATION 1 POUR in 3 1/2 C. of PAYMENT HISTORY -- by blending together - - TOUR Account Payment Information I·N•C·L·U•D·I-N•G any delinquencies and public records. TIP AVOID adding Charge-off accounts to your payment history mix. Charge-offs are accounts that have likely been turned over to third-party collection agencies due to non-payment. Result: Your recipe will be ruined. PREHEAT 350° LIGHTLY GREASE a 5x9in pan oven to Line bottom with AMOUNTS OWED by How Much YOU OWE COLIS Mixing The amount of AVAILABLE CREDIT youre REMEMBER using on revolving accounts is heavily weighted. TIP Keeping credit card balances BELOW 30% of their overall credit limits will almost always improve your recipe. 3 ADD WATER TO payment history mixture LEAVE Also known as LENGTH OF CREDIT HISTORY MIXTURE to Rise SETTINGA TIMERS How long ago you opened accounts by showing TIME SINCE ACCOUNT ACTIVITY TIP STARTING THIS PROCESS EARLY in the recipe will result in a better tasting credit score. AFTER THE PAYMENT HISTORY MIXTURE HAS RISEN ADD 1 cup of NEW CREDIT by opening a recent credit account OR RE-ESTABLISH Positive Gredit Histor after fixing Past Payment Problems TIP A NEW CREDIT CARD may improve your credit score recipe because its'additional credit limit will lower your overall debt-to-available-credit ratio. 5) FOOD WHIRL -- IN A -- . Types of Credit processor By mixing the NUMBER OF VARIOUS TYPES of accounts such as: CREDIT CARDS RETAIL accounts INSTALLMENT loans consumer mortgage finance accounts TIP Remember to keep a GOOD BALANCE when mixing types of credit. A lopsided amount of installment or revolving accounts can actually hurt your recipe. 6 ADD ALL INGREDIENTS together • Cpread over Greased Pan Bake & Enjey Brought to you by Lexington Lawo