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TIP! Don't be discouraged with a drop in your credit score while you are working on fixing your credit because this is not uncommon. However, this is not an indicator that you have made a misstep.
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TIP! If you are serious about repairing your credit score, you must be willing to pay the monthly minimum allowable amount on all of your current credit accounts. Late payments will hurt your credit scores even more.
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TIP! You may want to consider putting some money into an emergency fund prior to paying any debt. This definitely holds true if your debt came from credit cards.
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