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Steps to Repair Credit
An established businessman and entrepreneur, Harry Hedaya is the founder of The Loan Corporation, a mortgage firm that has achieved annual sales of up to $18.8 million. Harry Hedaya has authored articles on finance and mortgage topics, including advice on how to repair poor credit.

Often used by moneylenders, a person’s credit score is a number that summarizes the riskiness of loaning money to that individual. The score summarizes information available in an individual's credit report, which tracks missed payments, overall outstanding debts, open and closed accounts, and other factors. These factors can cause a score to be high or low.

When credit drops, there are steps individuals can take to restore a positive credit score:

- Obtain a free credit report copy and ensure all information is accurate.
- Dispute any information that is inaccurate or fraudulent.
- Keep credit card balances low.
- Pay all bills in a timely manner.
- Avoid multiple credit inquiries in a short time frame. This includes applications for loans such as vehicle or home loans.
Steps to Repair Credit
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Steps to Repair Credit

An established businessman and entrepreneur, Harry Hedaya is the founder of The Loan Corporation, a mortgage firm that has achieved annual sales Read More
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16
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Published: