Pay Your Debts to Raise Your Credit Score

Your FICO score is not a secret.out of your checking account into the hands of a credit
Sounds simplistic, doesn't it? Just pay down your debts,card company.
your credit score will raise, and all will be fine. But ifSo how can you earn that extra money? Here are a
you're in debt, there's probably a reason - such asfew suggestions:
spending in excess of your income.- Take a part-time job in addition to your regular job.
If you want to build a good financial reputation -Here are a few that could easily bring in an extra $10
otherwise known as a good FICO score - you'll haveor $20 per week without taking up much time:o Put up
to make the effort to bring your spending in line withand take down signs for a real estate agento If you're
your income.good with a camera, take property photos for that
You have two simple choices, and they should beagento Walk dogs for a neighbor who works long
used in combination with each other:hourso Pet sit for people on vacationo Clean offices
- Earn more and use the extra to pay down debt - orat night or on the week-endo Hire on to shop or do
stop going further in debtyard/garden work for an elderly neighboro Do on-line
- Spend lessblogging for payo Do on-line surveys for cash
Start with earning more. How many extra dollars per- Begin doing extra tasks at work - take on more
week or per month would it take for you to beginresponsibility - work a little harder and longer than
paying off credit cards? $10, $50, $100, or maybeanyone else - and then ask for a raise.
$500?- Begin looking for a new job that pays more
Remember, even an extra $10 per month paid on a- Go through the attic and start clearing your clutter -
credit card account will make a difference over time.through eBay
This is a simple example, because it doesn't take into- If you can write, sign up on a site like and enter the
account that the money will be paid in a little at a timewriting contests
and will begin reducing the amount of interest you pay- Put some Google Adwords links on your own web
from the first "extra" payment onward. Your savingspages
will actually be more than the following example.- Teach a class about something you do very well
But look at it this way: If you're paying 18% interest, andThe most important thing is to immediately set aside all
you pay an extra $10 monthly for one year, that's $120funds generated from these extra activities - and use
less that you'll pay interest on the next year - That'sthem to pay down debt. It won't help you if you
$9.60 per month, or $115.20 per year that won't slideincrease your spending to match the additional income.