How to fix your credit

If you are having a rough time dealing with a bad credit score and want to improve it? Then you came at the right place as we have all the information you need on how to fix your credit fast all on your own without even needing to go to a consultant to hire an agency to do that for you.

In order to learn on how to fix your credit all on your own let’s first look at the importance on why is it necessary to improve our credit score?

Importance of Fixing Your Credit

Financial history reflects how well you have managed your credit transactions. Usually Banks first look at your credit score, then think of providing you with any credit. If you have a bad credit, you will not gain bank’s trust and thus, will have a hard time in getting yourself loan. Improving a credit score will help you attain your credit worthiness and will help you get yourself credit. It will enable an increase in your credit limitations, lower your overall interest rate, lessen up your financial burden, reduce your need of paying financial deposits and improve your financial history that will be with you for the rest of your life.

Tips on Fixing your Credit

Below are a few tips to fix your credit by yourself;

Get a Look at your Credit Reports

It is very important for you to know your credit report as your financial history must be known to you. There are a few credit bureaus you can look up to such as “TransUnion, Equifax, and Experian” that provide a credit report once in a year for free. Otherwise, you can always look for “Credit Karma” to provide you with a credit report copy.

Increase your Credit Limit

An increase in your credit limit, will provide you better scores, causing your credit score point to improve. For example, you must pay $2000 on a credit card with a $4000 limit. Simply ask them nicely, to increase you credit limit and if it gets form $4000, to $6500, you will be able to improve your credit score. Companies love to improve credit limits as they like you to carry a high balance.

Open another Credit Card Account

Another great way is to open a credit card account, with out any balance on the newly provided credit card to you on your account. It will not only improve your credit score but will also raise your credit limit within a month, causing you better credit point.

Dispute Late-Payment Entries

It is uncommon for people not to make mistakes as they happen and you can’t do anything about it however, there are chances on fixing your mistake. If you have any left late payment on either closed accounts or current accounts, then its better to dispute them as quick as possible.

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What to Consider Before Adding a Solar System into Your House

With the price of energy and electricity skyrocketing, this may come as the perfect time to switch to solar technology, or at least add a solar system to augment your existing conventional electricity. Recent developments in this technology resulted in more cost-effective materials and protocols being enacted. This led to solar power is more affordable, efficient and accessible.

 

There are a lot of options on the market tailored for different needs. Most homeowners pay between $16,000 and $34,000 to install the average solar assembly. But depending on individual needs, this cost can vary from $2,000 to $40,000, costing $23,000 on the average. This cost includes the assembly and the setup, which need specialized knowledge and a lot of experience. Since there are a lot of things to consider, here are some facts you should know before making your decision.

 

There are different types of solar panels out there but there are three types that are most commonly used: monocrystalline, polycrystalline and thin-film. Monocrystalline panels have the highest efficiency rating out of the three but also the highest cost per watt produced at $1.50 max. The efficiency rating of up to 24% should offset this, however, especially coupled with a life expectancy of 25 years and a minimum space of 65 square feet per 1 kilowatt produced. If you can afford this type, you should go for it as this provides the most savings per dollar put into purchase and installation.

 

Polycrystalline panels rank the second inefficiency with a maximum of 20% and also second in the least amount of space needed to generate a kilowatt at 85 square feet. It also comes in second in lifespan at 27 years but is 2nd most expensive per watt at $1.00. Thin-film ranks third in efficiency, lifespan, space-saving and cost but also ranks third in cost-effectiveness. Choosing from among these three options is no easy task but as a rule of thumb, if you can afford it, then buy it.

 

One thing that must also be considered is the amount of sunlight that reaches the spot where you want to install the panels. Generally, the sunnier the better. It’s not called solar for anything. It will need a lot of solar output for it to be as optimum as it can. 

 

Although it can function in low light situations, maximizing its capacity means that you will need an area with plenty of sunlight to install it in. This condition may not be needed anymore in the future since technologies are being developed that do not rely entirely on on the sun, but for now, the sunnier the better.

 

You also need to think about who you want to install the solar panels. One key rule is that the company you’d want to deal with should have the relevant knowledge, experience, and body of work. They should know where to install the panels and which direction it should face getting the most of the sun’s radiant output. 

 

Soleeva is one of the top solar companies in the Bay Area, employing professionals with years of knowledge and experience under their belts. Check out our offers at Soleeva and set up your free consult now.

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