Getting into and out of credit trouble

A friend of mine once said to me that living with credit is like living with a woman. Sometimes difficult to live with, yet more difficult to live without. I began to realize how right he was when I got myself into some financial trouble about two years ago. I just couldn’t afford to pay my living expenses and credit card payments, and had to go into default. It took me almost a year to make up the backlog, and what a difficult time it was. I kicked myself every time I had to wait in line at the bank to pay a bill or draw money, and promised myself two things. One that I would never get myself back into such a mess, and secondly that as soon as I could, I would restore my credit score, so that I could have the use of my credit card again. I had to do some research on what it took to have a positive impact on my credit score the way I had a negative impact. Turns out credit repair is actually fairly easy. Now I monitor my credit scores and watch for false reports or any problems so I can take care of it right away.